Asian Responses to the Global Financial Crisis
The Impact of Regionalism and the Role of the G20
Edited by Jehoon Park, T. J. Pempel and Geng Xiao
Chapter 4: The Renminbi Debate: A Review of Issues and Search for Resolution
Yoonbai Kim and Gil Kim
Extract
4. The renminbi debate: a review of issues and search for resolution Yoonbai Kim and Gil Kim 4.1 INTRODUCTION The value of China’s currency, the renminbi (RMB), has become a contentious issue. Many argue that the currency is undervalued and has be...
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