Debating China's Exchange Rate Policy

More than two and a half years have passed since China announced a number of changes to its foreign exchange regime in July 2005. Durgaing this period, the debate on the pros and cons of China's exchange rate policy, which had begun in earnest several years earlier, intensified. This important new book, based on an Institute conference in October 2007, takes stock of exchange rate policy in China and identifies the major policy options going forward.

Specific proposals presented in the volum...