China’s Exchange Rate Variation
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China’s Exchange Rate Variation

Impact on Industrial Restructuring
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ISBN-13:
9789814298353
Veröffentl:
2012
Einband:
PDF
Seiten:
272
Autor:
Kejian Gu
eBook Typ:
PDF
eBook Format:
PDF
Kopierschutz:
Adobe DRM [Hard-DRM]
Sprache:
Englisch
Beschreibung:

The book analyzes the external influences, especially the influences of exchange rate variation, on China's current industrial restructuring under the development of open economy and globalization. It concludes that the key driving force for China's industrial restructuring is the development of its external sectors, such as the exchange rate mechanism and new strategies in the financial economy's capital market. The influences of the exchange rate variation, which is exerted through a unique mechanism, over China's industrial restructuring would be more obvious. This book also suggests that in order to keep improving the industrial structure, China should actively adjust the exchange rate of Renminbi (RMB) and achieve dynamic comparative advantages.
The book analyzes the external influences, especially the influences of exchange rate variation, on China's current industrial restructuring under the development of open economy and globalization. It concludes that the key driving force for China's industrial restructuring is the development of its external sectors, such as the exchange rate mechanism and new strategies in the financial economy's capital market. The influences of the exchange rate variation, which is exerted through a unique mechanism, over China's industrial restructuring would be more obvious. This book also suggests that in order to keep improving the industrial structure, China should actively adjust the exchange rate of Renminbi (RMB) and achieve dynamic comparative advantages.

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