This paper analyzes the reasons and effects of the Chinese exchange rate reform (Yuan\r\nappreciation), explained and assess Hu Xiaolian�s (deputy governor of the People''s Bank of\r\nChina and the former director of the State Administration of Foreign Exchange in China)\r\nclaims about the reform of China exchange rate system. The paper also explores the possibility\r\nof the Chinese Yuan becoming a regional trade currency. A summary with key point is also\r\nprovided.
Loading....