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- W3124335980 abstract "China's currency, the renminbi or yuan, is not freely convertible on international foreign exchange markets; foreign exchange is still heavily controlled in China even though major reforms swept the Chinese foreign exchange control regime in 2005. Whilst foreign exchange liberalisation reform is underway, uncertainties exist and the market has to have a second guess how further reform will move forward and whether the government will make a policy U-turn at a certain point. These uncertainties increase transaction costs and hinder China's deeper financial reform." @default.
- W3124335980 created "2021-02-01" @default.
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- W3124335980 date "2014-09-26" @default.
- W3124335980 modified "2023-09-28" @default.
- W3124335980 title "China's ongoing exchange rate reform: new developments but old uncertainties" @default.
- W3124335980 cites W1594774404 @default.
- W3124335980 doi "https://doi.org/10.5235/17521440.8.3.271" @default.
- W3124335980 hasPublicationYear "2014" @default.
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