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Refuting the Absurd Statement of "China\'s Manipulation of Exchange Rate"
Author(s): 
Pages: 39-41
Year: Issue:  20
Journal: China Market

Abstract: 中美之间的问题,东西方之间的问题,并不在于人民币汇率,而在于:柏林墙倒塌后,前计划经济国家庞大的廉价劳动力重新融入到世界市场,极大地增加了世界市场的劳动供给,而发达国家的高福利、高工资却没有因此而作出相应的调整.中国选择汇率稳定,是选择正确的货币制度.中国维护汇率稳定是为世界经济作出了贡献的.
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