Tumbling: the yuan
Article Abstract:
The exchange rate of China's yaun dropped from eight to the dollar to 10 1!2 to the dollar after the government ended an artificial limit placed on the rate at currency swap markets. Businessmen and citizens were unhappy, but economists approved of the move towards a more realistic exchange rate.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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City life
Article Abstract:
China's economic policies need to be reevaluated and reformed because the central planning theory has not created a cohesive economy. Consideration should be given to linking industrial areas on the coast and promoting urbanization to create better economic development.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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Gattsmacked
Article Abstract:
Politics played a major role in China's failure to re-enter the General Agreement on Tariffs and Trade in 1994, and the failure has had political repercussions. Entry into the World Trade Organization is important to free trade advocates in China.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1995
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