Is the Chinese Renminbi Undervalued?

MPRA Paper from University Library of Munich, Germany

Abstract: The Chinese government has come under increasing criticism from both the U.S. government and some critics in U.S. industry for manipulating its currency. This article offers some insight on whether the yuan is correctly valued. Evidence suggests that, regardless of whether a fixed exchange rate or a market-driven exchange rate is used, the yuan is close to a correct value, and efforts to force more appreciation could be deflationary for China.

Keywords: exchange rate valuation; fixed exchange rate; real exchange rate (search for similar items in EconPapers)
JEL-codes: F31 F32 (search for similar items in EconPapers)
Date: 2007-03-31
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in Research Buzz 3.3(2007): pp. 1-3

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/17776/1/MPRA_paper_17776.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:17776

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().