search query: @indexterm DEVALUATION / total: 80
reference: 17 / 80
| Author: | Chen, Bincai |
| Title: | RMB shouldn't be devalued in 2000 (original in Chinese) |
| Journal: | Intertrade (c)
1999 : 9, p.41-44 |
| Index terms: | CURRENCY DEVALUATION CHINA |
| Language: | chn |
| Abstract: | Because the global economy is in the recovery increasing phase in coming one or two years, it's difficult to make currency devalue to stimulate imports. The national economy is in the regulation time at present, currency is devalue and enterprise lack the abilities of absorbing, so it's difficult to get the purpose of make currency stable and higher. Additional, non-international currency can't devalue in a big margin according to the international commercial theories. There is reality basis for keeping the RMB rate stable from the situation of international payment. Enterprise in China will go to the non-price competition from the price competition, and RMB will generally be higher value in a small margin from the long-term tendencies. |
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