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Author: | Qian, Zongqi |
Title: | The effect of the merger of China's exchange rates on foreign trade and the countermeasures (original in Chinese) |
Journal: | International Economics and Trade Research (c)
1995 : 5, p.5-7 |
Index terms: | EXCHANGE RATES FINANCIAL INNOVATION INTERNATIONAL TRADE CHINA |
Language: | chi |
Abstract: | The successful major reform of China's foreign exchange system in 1994 is a great spur to the export trade as well as a moderate restriction on imports. But as a consequence, price increases of import commodities, the rising cost of creating foreign exchange from exports, the difficulties in the management of foreign trade enterprises have occurred. This paper gives advice on improvement of the level of exchange rate, management of foreign exchange and export tax refund. |
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