search query: @author Wang, Yizhi / total: 3
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| Author: | Wang, Yizhi Wang, Ruzhong |
| Title: | RMB marking towards free exchange: advantages, risks and policies (original in Chinese) |
| Journal: | Shanghai Economy (c)
1993 : 4, p.22-25 |
| Index terms: | FOREIGN EXCHANGE MONETARY POLICY CHINA |
| Language: | chi |
| Abstract: | To realize the free exchange of RMB will take some risk. If the holders of RMB are not confident of the development of China's economy, the free exchange of RMB will exert great pressure upon the exchange rate and thus affect the steadiness of the macro economy. China should standardize all foreign exchange coordination market and set up offshore financial center in Shanghai. Guangzhou and other places. It is also necessary to improve the internationalization of RMB and to stabilize the valuate of RMB. |
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