摘要
China has steadily pursued reforms of the RMB exchange r ate based on the principle of initiative,control and gradual progress according to the real needs of its domestic economic reforms
China has steadily pursued reforms of the RMB exchange rate based on the principle of initiative, control and gradual progress according to the real needs of its domestic economic reforms and development. Since the exchange rate reforms in 2005 in particular, there has been a steady appreciation of the RMB. As the clouds of the global economic crisis fades, developed countries are seeing signs of economic recovery,
