Proceedings of the 2nd International Conference on Education, Management and Social Science

Analysis of the Depreciation of RMB in 2014

Authors
Huichao Gong
Corresponding Author
Huichao Gong
Available Online August 2014.
DOI
10.2991/icemss-14.2014.45How to use a DOI?
Keywords
Exchange rate, RMB, Depreciation.
Abstract

In the first half of 2014, China’s exchange rate has depreciated a lot. According to China’s exchange rate data this article analyzes the reasons for the depreciation as well as the impact of it. Government forces and Chinese economic situation are both considered to be closely related to the weakening in exchange rate. In contrast little support is found for a long-term trend to depreciate because China's balance of payments continued to expand and post a twin surplus.

Copyright
© 2014, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Conference on Education, Management and Social Science
Series
Advances in Social Science, Education and Humanities Research
Publication Date
August 2014
ISBN
10.2991/icemss-14.2014.45
ISSN
2352-5398
DOI
10.2991/icemss-14.2014.45How to use a DOI?
Copyright
© 2014, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Huichao Gong
PY  - 2014/08
DA  - 2014/08
TI  - Analysis of the Depreciation of RMB in 2014
BT  - Proceedings of the 2nd International Conference on Education, Management and Social Science
PB  - Atlantis Press
SP  - 158
EP  - 160
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemss-14.2014.45
DO  - 10.2991/icemss-14.2014.45
ID  - Gong2014/08
ER  -