RMB undervalued - help Chinese economy adjust its...

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RMB undervalued?     Just to what extent. Monetary policy stunted. Foreign reserves in terms of treasury bonds. For higher returns. Fixed reserve/monetary base. (m1) china pegged to US; SG pegged to many  currencies. Currency manipulators?     Outcomes of RMB appreciation. China/ US /Global China  pros Purchasing power increases, consumer.  Reduce imported and also domestic inflation.
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Unformatted text preview: help Chinese economy adjust its structure. From export oriented to consumption US Global Energy and environmen Industrialization that is not properly done, controlled. Renewed interest in Increase in consumption Attitude changed? Yeh, import Damage railways. Acid rain; health and pollution concerns. Political obligation...
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This note was uploaded on 09/03/2011 for the course ECONS 101 taught by Professor Hendrik during the Spring '11 term at National University of Singapore.

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RMB undervalued - help Chinese economy adjust its...

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