This paper examines the policy challenges and dilemmas faced by China’s authorities in balancing exchange rate stability with the policy necessity of monetary autonomy. China will have to move toward greater exchange rate flexibility, particularly as the capital account becomes increasingly liberalized and the government pushes forward with RMB internationalization.
Skip Nav Destination
Research Article| April 01 2017
Policy Challenges in Maintaining Renminbi Stability in China
Asian Survey (2017) 57 (2): 297–322.
- Views Icon Views
- Share Icon Share
- Search Site
Sarah Chan; Policy Challenges in Maintaining Renminbi Stability in China. Asian Survey 1 April 2017; 57 (2): 297–322. doi: https://doi.org/10.1525/as.2017.57.2.297
Download citation file: