The People’s Republic of China’s Currency and Product Fragmentation

The People’s Republic of China’s Currency and Product Fragmentation. Economist Nobuayuki Yamashita of the Asian Development Bank Institute makes a case that even if China unilaterally adjusted its exchange rates that there would be no major effect on trade deficits. An argument unlikely to make friends in Washington, but Yamashita backs up his contentions with numbers.

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One thought on “The People’s Republic of China’s Currency and Product Fragmentation

  1. Pingback: Polish is off of China’s growth – Fiat currency is poison to economies « Trutherator's Weblog

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