Chinese renminbi
New Estimates of the Equilibrium Exchange Rate: The case for the Chinese renminbi
... the Chinese renminbi (RMB) vis-a-vis the ...of Chinese RMB appreciates sharply from 2005 to 2008, suggesting that the current RMB exchange rate has been substantially undervalued and should be ...
25
Fear of Appreciation in East and Southeast Asia: The Role of the Chinese Renminbi
... In addition, we also find that these four Asian economies experience distinct overall trade balance positions against China (Figures 1b-4b). On one hand, Indonesia and Korea have persistently been successful in ...
26
The Optimal Path of the Chinese Renminbi
... component appropriately enables us to work in a large sample covering the period 1980 to 2008. We do this testing for several dates of optimal trend break using methodologies developed by Perron (1989), Perron and Zhu ...
32
Understanding the behavioral equilibrium exchange rate model via its application to the valuation of Chinese renminbi
... Estimating the degree of exchange rate misalignment is one of the most important issues in open-economy macroeconomics. The behavioral equilibrium exchange rate (BEER) model is one of the models broadly used for this ...
22
Internationalization of the Chinese Renminbi: An Opportunity for China
... interest Chinese banks pay their clients for deposits in Renminbi as well as to interest on deposits at the Chinese central bank and their government ...the Chinese central bank— just as its ...
7
Renminbi Rules: The Conditional Imminence of the Reserve Currency Transition
... the Chinese renminbi will eclipse the dollar, what will be the timing of, and the prerequisites for this transition, and which of the two countries controls the ...the renminbi could become the ...
33
A survey of availability, price and affordability of essential medicines from 2011 to 2016 in Chinese secondary and tertiary hospitals
... The median price ratio (MPR), which represented the ratio of one medicine’s median unit price to the inter- national reference price (IRP), was used for price evalu- ation. The median MPR of selected medicines was used ...
8
Renminbi as Number two in East Asia
... the Chinese renminbi on the exchange rate movements of East Asian ...of renminbi on the exchange rate movements of East Asian ...the renminbi on the daily exchange rate movements of East Asian ...
11
Gold, the renminbi and the multi-currency reserve system
... the Chinese renminbi does not currently meet the criteria to be a freely usable currency and it therefore would not be included in the SDR basket at this ...
44
The Rising Power of the Renminbi as a Trade Currency in the ASEAN Countries
... the renminbi was the 20 th most used world payment at a share of ...the renminbi jumped up to the 7 th most used world payment, at ...the renminbi are the Canadian dollar, Swiss Franc, Japanese Yen, ...
71
HONG KONG: CHINA S GLOBAL FINANCIAL CENTRE
... reliable renminbi clearing platform — the renminbi Real Time Gross Settlement (RTGS) system — to facilitate banks from all over the world to make renminbi ...The renminbi RTGS system operates ...
28
Renminbi in Ordinary Economies: A Demand-side Study of Currency Globalization
... benchmark Chinese interest rate in contrast stayed above 6 percent for most of time between January 2011 and October 2014, and with the PBOC requiring banks to maintain loan-to-deposit ratios at 75 percent or ...
35
The Offshore Renminbi Exchange Rate: Microstructure and Links to the Onshore Market
... Our study revealed several interaction patterns between the offshore and onshore markets. There are some issues warrant further analyses. For instance, it will be of interest to identify the economic forces including ...
35
The Joint Venture and Related Contract Laws of Mainland China and Taiwan: A Comparative Analysis
... venture's capital for production expansion. As a result of China's foreign exchange control practice, a joint venture operating in the country may not convert Renminbi[r] ...
54
Influence of the Renminbi on Exchange Rate Policies of Other Asian Currencies
... the renminbi tightly fixed to the US dollar since 1994, through the turbulent period of the Asian currency cri- sis, until July ...the renminbi to appreciate very gradually, by 2 to 3 percent a ...
40
CNH is widely used as the name for the global offshore RMB market, which originated in Hong Kong.
... The RMB trade settlement scheme was introduced in July 2009 by the People’s Bank of China, as part of the first steps to internationalise the currency. The scheme allowed trade and business transactions to be conducted ...
8
Renminbi Exchange Rates and Relevant Institutional Factors Yi Gang
... In recent years, China has experienced rapid social and economic development. Against this backdrop, growing pressure for renminbi appreciation emerged and China’s trade surplus and foreign reserves increased ...
10
Is There a Global Currency War?
... Eichengreen, B. Currency War or International Policy Coordination? , University of California, Berkeley. The concept of currency wars in the global economy. Observations of the renminbi[r] ...
10
Asian reserves and the dollar: Is gradual adjustment possible?
... the renminbi, and a move to limited exchange rate flexibility affect China? To answer this question we draw on stylized facts developed from an examination of macro and trade data for select Asian ...the ...
26
Reforming China’s Exchange Rate Policy
... the Renminbi that the PBoC have undertaken, the effect on GDP growth will generally be minimal when compared to the impressive 9% growth that China has been ...the Renminbi against the ...that ...
37