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The Making of China’s Exchange Rate Policy

Author

Listed:
  • Leong H. Liew
  • Harry X. Wu

Abstract

During Asia’s financial crisis, the attention of policymakers was focused on China’s exchange rate policy. Post-crisis, this interest has increased further due to China’s growing influence in world trade and investment. However, the process of policy making in China is still opaque, creating demand for further research on how China formulates exchange rate policy. This book examines the major factors influencing China’s exchange rate policy from the foundation of the People’s Republic to the present. It analyses how national economic and political priorities, international influences, domestic and institutional interests and new constraints imposed by China’s rapidly globalising post-Mao economy determine exchange rate policy.

Suggested Citation

  • Leong H. Liew & Harry X. Wu, 2007. "The Making of China’s Exchange Rate Policy," Books, Edward Elgar Publishing, number 2739.
    • Handle: RePEc:elg:eebook:2739
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    File URL: http://www.e-elgar.com/shop/isbn/9781843760085
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    Citations

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    Cited by:

    1. C. Randall Henning, 2012. "Choice and Coercion in East Asian Exchange Rate Regimes," Working Paper Series WP12-15, Peterson Institute for International Economics.
    2. Cheung, Yin-Wong & Hui, Cho-Hoi & Tsang, Andrew, 2018. "The RMB central parity formation mechanism: August 2015 to December 2016," Journal of International Money and Finance, Elsevier, vol. 86(C), pages 223-243.
    3. Harry X. Wu & Deb Kusum Das & K. L. Krishna & Pilu Chandra Das, 2017. "How Does the Productivity and Economic Growth Performance of China and India Compare in the Post-Reform Era, 1981-2011?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 91-113, Fall.

    More about this item

    Keywords

    Asian Studies; Economics and Finance;

    JEL classification:

    • Z0 - Other Special Topics - - General

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