DocumentCode
2749875
Title
Research on impact from RMB appreciation and countermeasures
Author
Jun, Yang
Author_Institution
Sias Int. Sch., Zhengzhou Univ., Zhengzhou, China
fYear
2011
fDate
16-17 July 2011
Firstpage
420
Lastpage
423
Abstract
RMB appreciation has given a strong impact on the Chinese domestic society. Since the reform of exchange rate in 2005 RMB accumulative appreciation against US dollar has reached 27%, and its acceleration has been obvious in recent years. This gives the Chinese economy some positive and negative impact as well. The people are even much puzzled as CPI is going up during the process of RMB appreciation. The shadow of inflation can be seen often. This arouses the attention of many people in the society.
Keywords
exchange rates; inflation (monetary); CPI; Chinese domestic society; Chinese economy; RMB appreciation; exchange rate; inflation; Employment; Exchange rates; Industries; Investments; Production; RMB appreciation; countermeasures; positive and negative impact;
fLanguage
English
Publisher
ieee
Conference_Titel
Product Innovation Management (ICPIM), 2011 6th International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4577-0359-1
Type
conf
DOI
10.1109/ICPIM.2011.5983691
Filename
5983691
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