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RMB Deepens Influences on Surrounding Countries

RMB Deepens Influences on Surrounding Countries
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摘要 As a matter of fact,the appreciating RMB has been a big dilemma for China's enterprises.Many export- oriented companies have struggled for a life line in the current financial turmoil;however the RMB's constant appreciation has been the last straw before their bankruptcy and close. As the influence of financial crisis continued to deepen, more and more opinions agree that the underlying causes of the crisis was due to the economy in international reserve currency issuing countries became imbalanced, with many economies passively being shocked. From this point of view, diversification is the basic trend of international monetary system. And, as the current financial crisis pressed countries to strengthen the regional cooperation objectively, it is just for RMB to enlarge the influences on surrounding countries at this time.
作者 Hu Wenxiu
机构地区 PhD from CASS
出处 《China's Foreign Trade》 2009年第3期22-23,共2页 中国对外贸易(英文版)
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