Working Paper

Monetary Management of Transition in China: Balancing Short-Run Risks and Long-Run Optimality


  • Markus Diehl
  • Rainer Schweickert
Publication Date

Expecting an appreciation of the Chinese currency seems to be a safe bet. There is a mounting pressure from U.S. representatives, and a majority of economists seem to believe that the Chinese economy is overheating and that the dollar peg should be loosen

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