Economics, Econometrics and Finance
4 years ago

China's RMB Revaluation Sends Shockwaves Through Global Economy

RePEc: Research Papers in Economics
The Impact of the RMB Revaluation on China and the World Economy
James Xiaohe Zhang

Paper Summary

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The article discusses how China joining the World Trade Organization in 2001 impacted its economy and the global economy. It looks at various aspects like economic growth, international trade, trade policies, foreign investment, banking, exchange rates, agriculture, and energy demand. The researchers provide a detailed analysis of these topics to understand the effects of China's economic policies on the world.