Kerry BROWN

Some foreign critics, especially in the United States, have claimed that China has manipulated the value of its currency, keeping the yuan at an artificially low rate and not allowing proper market functions to operate.

The valuation of the Chinese yuan (or renminbi) has become a highly sensitive and politicized issue between China and the United States and, perhaps less pointedly, between China and the European Union. Since China’s entry into the

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By |2014-12-16T16:54:35-05:00January 22nd, 2012|Berkshire Encyclopedia of China, Business and Economy, Policy|Comments Off on Currency Valuation (Huòbì jiàgé 货币价格)|Huòbì jiàgé 货币价格 (Currency Valuation)

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