Print

Foreign Exchange Policies of PRC: Historical Aspect

281
Rubric: China: Domestic and Foreign Policies
DOI: 10.20542/0131-2227-2014-2-24-31

A. Binder, Far Eastern Federal University, 8 Suhanova Str., Vladivostok, 690091, Russian Federation (binder.arkadiy@mail.ru)
A. Kononov, Far Eastern Federal University, 8 Suhanova Str., Vladivostok, 690091, Russian Federation (artem.kononov@yahoo.com)

PDF (RUS)

Abstract. The article analyzes the distinctive features of the PRC foreign exchange policy from the historical perspective, taking the national color into account and emphasizing the traditions-modernity unity in its strategy. It reviews the debates over renminbi exchange rate, disclosing the weakness of the modern international foreign exchange law. It systemizes the practices of international pressures applied to China in this aspect. It is stated, that China’s foreign exchange reforming process is of a long-term nature, and it will be completed only by the time the Chinese economy gets adjusted to the world market’s requirements.

Keywords: PRC; foreign exchange policy; depreciation; balance of payments; exchange rate; international settlements; revaluation; state policy; world economy


Registered in System SCIENCE INDEX

For citation:
Binder A., Kononov A. Foreign Exchange Policies of PRC: Historical Aspect. World Eсonomy and International Relations, 2014, no. 2, pp. 24-31. https://doi.org/10.20542/0131-2227-2014-2-24-31

Contents World Eсonomy and International Relations. 2014, no. 2

Comments (0)

Show

No comments

Add comment







Indexed

 

 

 

 

Dear authors! Please note that in the VAK List of peer-reviewed scientific journals, in which the main scientific results of dissertations for the degree of candidate and doctor of sciences should be published for the “MEMO Journal” the following specialties are recorded:
economic sciences:
5.2.5. World Economy.
5.2.1. Economic Theory
5.2.3. Regional and Branch Economics
political sciences:
5.5.4. International Relations
5.5.1. History and Theory of Politics
5.5.2. Political Institutions, Processes, Technologies

 

Current Issue
2024, vol. 68, No. 12
Topical Themes of the Issue:
  • Mechanisms of International Financial Relations in the Conditions of Globalization Crisis  
  • “New” Militarization of Europe?
  • Foreign Economic Policy of Germany: African Vector
  • Transformation of the Conflict Field in Abkhazia: Contemporary Politics and Historical Context
Announcement

Dear authors of the journal!

Please note that the author's copies of the issues in which your texts are published are kept in the editorial office for no more than one year. After this period expires, the editorial office has the right to dispose of unclaimed copies at its own discretion.

 

Submit an Article
Submit an Article
INVITATION FOR PUBLICATION
The Editorial Board invites authors to write analytical articles on the following topics:
  • changes in the processes of globalization in modern conditions
  • formation of the new world order
  • shifts in civilization at the stage of transition to a digital society

The editors are also interested in publishing synthesis articles / scientific reviews revealing the main trends in the development of certain regions of the world - Latin America, Africa, South Asia, etc.

Scientific and Practical Seminar of IMEMO, RIAC
and the MEMO Journal