The Reform on RMB Exchange Rate System

作     者：Yanliang Zhang 

作者机构：Shandong University of Finance 

出 版 物：《Chinese Business Review》 (中国经济评论（英文版）)

年 卷 期：2005年第4卷第6期

页      面：34-36页

学科分类：02[经济学] 0201[经济学-理论经济学] 020101[经济学-政治经济学] 

主　　题：RMB appreciation exchange rate 

摘      要：The Chinese currency, the yuan, which was pegged to the value of US dollar in the past, will now be a managed currency. Its value will be set in relation to a basket of currencies. China is taking the first big step toward a free-floating currency. This analysis explores the impacts on Chinese banking, Chinese companies and international monetary market.