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Scholars Journal of Economics, Business and Management | Volume-4 | Issue-05
The Impact of RMB Deviation on China's Economy and the Countermeasures
Lu Yanchen
Published: May 29, 2017 | 107 106
DOI: 10.36347/sjebm.2017.v04i05.001
Pages: 317-319
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Abstract
This paper analyzes the impact of RMB devaluation on China's internal economy and the impact of RMB devaluation on China's foreign economy, which is based on the trend of devaluation of the RMB in the past year. The study found that the depreciation of the RMB in the promotion of China's exports at the same time , But on China's proposed "going out", "one way" strategy to a negative impact. To this end, this article from the improvement of economic structure, the use of finance, monetary policy point of view, for the RMB internationalization of the road made a reasonable opinion.