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Ist Chinas Honigmond mit dem Dollar vorbei?
[Is China's Honeymood over with the Dollar?]


  • Teng, Faxin


China has by far the largest foreign exchage reserves in the world. This article contributes to the understanding of this extraordinary phenomenon. Before the financial crisis the economic relationship between China and the U.S. always seemed harmonious. The United States was the main export- and investment market for China. Since the financial crisis China is trying to diversify its foreign exchange reserves and reduce its dependence on the U.S. dollar. We discuss the options open to China. At the end of this article we consider brieflyt the question, how should China use the crisis as an opportunity to focus better on its domestic economic growth and thereby reduce the economic dependence on export.

Suggested Citation

  • Teng, Faxin, 2009. "Ist Chinas Honigmond mit dem Dollar vorbei?
    [Is China's Honeymood over with the Dollar?]
    ," MPRA Paper 20887, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:20887

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    References listed on IDEAS

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    More about this item


    China; Dollar; foreign exchange reserves;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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