search query: @author Qian, Zongqi / total: 8
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| Author: | Qian, Zongqi Jiang, Lun |
| Title: | A probe into the mechanism of formation and level of exchange rate in China (original in Chinese) |
| Journal: | International Economics and Trade Research (c)
1997 : 3, p.38-40 |
| Index terms: | EXCHANGE RATES CHINA |
| Language: | chi |
| Abstract: | There exist, indeed, the circumstances that China's existing exchange rate is overestimated somewhat. So proper measures should be taken conditionally to make RMB exchange rate go rational. We may take the progressive tactics and realise the goal step by step in the coming one or two years. In this way, on one hand, RMB exchange rate can maintain basic stability, thus promoting the steady development of domestic economy and on the other hand, the difficulties in foreign trade can be eased, which will help promote its sustained and healthy growth. |
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