Leading economists defend China's currency policy mix
By Chen Weihua in Washington | China Daily | Updated: 2017-06-10 07:13
Stable exchange rate works for the country and the rest of the world
Chinese and US economists are convinced that having a relatively stable renminbi exchange rate is in both China's and the world's interest.
Ha Jiming, a former senior executive with Goldman Sachs Group Inc, noted that China's current account surplus is declining in percentage relative to GDP.
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