Publisher's Synopsis
As the RMB has tumbled to an 11-month low, with fears that it could fall further still and increase inflation in China. Managing Inflation in China: Current Trends and New Strategies, Volume 1, looks at the current levels of inflation in China and offers predictions for the near-future. The authors survey the trends of the recent past and use a full range of statistics from the last 10 years to offer a frank assessment of current inflationary policy in China. Reveals the internal causes of inflation by highlighting: 1. Links between the Flexible Renminbi (RMB) Exchange Rate and Inflation 2. False Transmission between CPI and PPI 3. Price Fluctuations of Bulk Commodities and Inflation In an era where the yuan is poised to potentially become a globally traded reserve currency, an awareness of the risks of China's inflationary policy is essential. Managing Inflation in China: Current Trends and New Strategies, Volume 1, is the first of two invaluable works on this vital topic for those doing business in China today.
