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China keeps its currency, the renminbi, artificially low, which boosts its exports and trade surplus but distorts the global market. Chinese leaders, however, consider the managed exchange rate a tool in China's development strategy. Thus far the Obama administration has stopped short of calling the policy "currency manipulation," but some members of Congress are pushing for tough action. Brookings experts examine the issues and challenges in dealing with the problem.
May 1, 2012
May 1, 2012, Eswar Prasad
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May 1, 2012, Eswar Prasad and Karim Foda
Refine by: China | China's Economy | Exchange Rates | Trade
Opinion | Financial Times
March 26, 2012, Eswar Prasad
Past Event
March 26, 2012
Paper
March 19, 2012, Arthur R. Kroeber
Article | Finance and Development
March 2012, Eswar Prasad and Lei Ye
Opinion | Voxeu.org
February 16, 2012, Eswar Prasad and Lei Ye
Opinion | The Wall Street Journal
February 8, 2012, Eswar Prasad
February 7, 2012
Report
February 2012, Eswar Prasad and Lei (Sandy) Ye
Article | China Economic Quarterly
December 9, 2011, Erica S. Downs
Interview | 21st Century
November 21, 2011, Kenneth G. Lieberthal
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