China’s Exchange Rate Policy and Bilateral Trade Surplus with the US

DOI

10.2991/ssemse-15.2015.342How to use a DOI?

Keywords

Exchange rate policy; Trade imbalance; RMB

Abstract

China’s exchange rate policy has been involved in a hot debate in recent years. Most economists believe that Chinese currency, Renminbi (RMB), has been significantly undervalued. Since the bilateral trade between China and the US has been increasing dramatically over years, US officials blame that China is unfairly benefiting from the trade surplus partly by fixing the exchange rate. This paper reviews the exchange rate policy debate and examines the impacts of the real exchange rate between the RMB and the US dollar on the bilateral trade between the two countries.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - L. Chen
PY  - 2015/11
DA  - 2015/11
TI  - China’s Exchange Rate Policy and Bilateral Trade Surplus with the US
BT  - Proceedings of the 2015 International Conference on Social Science, Education Management and Sports Education
PB  - Atlantis Press
SP  - 1332
EP  - 1334
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssemse-15.2015.342
DO  - 10.2991/ssemse-15.2015.342
ID  - Chen2015/11
ER  -