Examines policy issues related to the pegging of Chinese currency, the renminbi (RMB), to the U.S. dollar. Analyses issues relate to currency peg, including whether RMB is undervalued, explanation of variation in estimates of RMB undervaluation, effects of exchange rate appreciation on trade flows and the deficit, winners and losers of RMB appreciation, and effects of an undervalued RMB on Chinese economy. Reviews Chinese policy options and potential outcomes. Includes tables and graphs.
ProQuest U.S. Congressional Research Digital Collection
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Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Sept. 2012). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. AVAILABLE ONLINE TO AUTHORIZED PSU USERS.