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- W2024844032 abstract "This short paper briefly reviews the evolution of China's exchange rate regimes over the last two decades, and analyzes China's choices of exchange rate regimes. On balance, it seems desirable for China to maintain the managed float in the short run. Globalization and financial integration will lead China toward more liberal exchange rate regimes. But the process of moving towards more flexibility and full convertibility should be cautious, in particular taking into considerations of risks related to China's financial system stability, capital flight, and macroeconomic fundamentals." @default.
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- W2024844032 date "2004-01-01" @default.
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- W2024844032 title "Exchange rate regimes: China's experience and choices" @default.
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- W2024844032 doi "https://doi.org/10.1016/j.chieco.2004.04.003" @default.
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