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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.
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October 2, 2013, David Dollar
July 24, 2013, Ran Tao and Fubing Su
July 3, 2013, Kenneth G. Lieberthal and Eswar Prasad
Refine by: China | China's Economy | Asia and the Pacific | Trade
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July 1, 2013, Douglas J. Elliott and Kai Yan
April 2013, Arthur R. Kroeber
October 9, 2012, Richard C. Bush III
March 19, 2012, Arthur R. Kroeber
Article | Finance and Development
March 2012, Eswar Prasad and Lei Ye
Report
February 2012, Eswar Prasad and Lei (Sandy) Ye
Article | China Economic Quarterly
December 9, 2011, Erica S. Downs
Paper | FP.Com Deep Dive
September 7, 2011, Arthur R. Kroeber
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July 30, 2007, Geng Xiao
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Eswar Prasad
Senior Fellow, Global Economy and Development
New Century Chair in International Trade and Economics
@EswarSPrasad
David Dollar
Senior Fellow, Foreign Policy, Global Economy and Development, John L. Thornton China Center