. In 1994, the Chinese government considered a policy of requiring all firms to deposit foreign currencies...
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. In 1994, the Chinese government considered a policy of requiring all firms to deposit foreign currencies with commercial banks. In turn, these banks were required to remit these funds (once above a certain level) to the People's Republic Bank of China in exchange for Chinese Yuan. What could the implications on the firms, banks, and national economy of such a policy be?
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ISBN: 9780547315171
1st Edition
Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff
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