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Author:Yang, Hejun
Title:On the advantage and disadvantages of the merger of the Renminbi exchange rates to China's foreign trade enterprises/Renminbi, Chines yuan (original in Chinese)
Journal:International Economics and Trade Research (c)
1995 : 1, p.75-77
Index terms:EXCHANGE RATES
INTERNATIONAL TRADE
CHINA
Language:chi
Abstract:The successful reform of the Renminbi exchange rate system has brought many advantages and at the meantime some disadvantages, such as increasing the risks of the foreign exchange, born by enterprises, being unfavorable to the import of technology and equipments, and stimulating domestic inflation. Only by optimizing the structure of exports and improving the operation and management of foreign trade enterprises can the goal of synchronous growth of foreign exchange created by exports and economic returns be realized with the "time effect" of the merger of exchange rates becoming weak and weak.
SCIMA record nr: 142881
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