Abstract: Since 2005, China’s monetary regime has set the value of the Chinese Renminbi (RMB) rather than market forces. In this issue of The Takeaway three Bush School students use research from one of their classes to enter the debate about whether China can be labeled a currency manipulator. Their analysis examines real exchange rates looking for evidence that China is undervaluing its currency to artificially inflate its net exports—to the benefit of US consumers but at the expense of the US trade deficit.
Publication Year: 2018
Publication Date: 2018-03-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot