본문/내용
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Final Group Project
The issues on fixed exchange rate system of China
- Why U.S. wants china to revaluate CNY? -
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Ⅰ. Introduction
Ⅱ. Overview of current situation
Ⅲ. Economic analysis of the case
Ⅳ. Conclusion
Content
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Part 1 ::
Introduction
01 Brief summary of the article
02 The reason why we choose our topic
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What is our topic?
US government argues that China should appreciate its currency, but China sticks to fixed exchange rate system since global financial crisis.
I think that China is manipulating its currency”
“China would keep the CNY stable at an appropriate and balanced level, rather than flexible.” (On March 4, 2009)
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Brief summary of the case
Source : “Detroit Rules, OK?” Economist, March 30, 2000
He argues that international trade imbalances is getting worse nowadays.
WHY?
U.S. trade deficits
Chinese trade surpluses
Devaluation of China currency
1
Fixed exchange rate
2
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What is our topic…
…