China's Exchange Rate Variation: Impacts on Industrial Restructuring by Gu Kejian and Yu Jian. Translated by Chen Yixi and Zhou Kai - 2013

Enrich Professional Publishing, 2013. Hardbound. New Book. Hardbound. This is a technical book on the economics of Chinese industrial restructuring, and especially the influence of exchange rate. The authors have built a logical system along with the study conducted, selected variables to link the exchange rate and adjustment of the industrial structure, and analyzed the whole mechanism. In addition, they do an econometric analysis for empirical verification. The economic model developed allows for further econometric analysis in other countries, and for study of the level of the RMB (Chinese currency) exchange rate. Topics discussed include relevant theories of exchange rate variation; restructuring and competitive advantage; use of development and openness variables; path analysis of changes in China's exchange rate; and exchange rate system reform. (2013 Ringgold, Inc., Portland, OR)