B China pegged its currency at 8 28 yuan per US dollar from 1995 to 2005 At the same time, the People's Bank of China (the Chinese central bank) enjoyed an independent monetary policy In order to maintain these two goals, China imposed capital control What would have happened in the absence of cap...

It can be seen that the China has pegged its currency against the United State dollars and it is try ...

B. China pegged its currency at 8.28 yuan per US dollar from 1995 to 2005. At...

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B. China pegged its currency at 8.28 yuan per US dollar from 1995 to 2005. At...

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