The Impact of RMB Deviation on China's Economy and the Countermeasures

Journal Title: Scholars Journal of Economics, Business and Management - Year 2017, Vol 4, Issue 5

Abstract

Abstract:This paper analyzes the impact of RMB devaluation on China's internal economy and the impact of RMB devaluation on China's foreign economy, which is based on the trend of devaluation of the RMB in the past year. The study found that the depreciation of the RMB in the promotion of China's exports at the same time , But on China's proposed "going out", "one way" strategy to a negative impact. To this end, this article from the improvement of economic structure, the use of finance, monetary policy point of view, for the RMB internationalization of the road made a reasonable opinion. Keywords:RMB devaluation;foreigninvestment;RMB internationalization

Authors and Affiliations

Lu Yanchen

Keywords

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  • EP ID EP384587
  • DOI -
  • Views 91
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How To Cite

Lu Yanchen (2017). The Impact of RMB Deviation on China's Economy and the Countermeasures. Scholars Journal of Economics, Business and Management, 4(5), 317-319. https://europub.co.uk/articles/-A-384587