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devaluation of the Yuan would reinvigorate exports (1) Chinese, so that they recover their level of growth before the Asian crisis. Indeed, currency devaluations in several countries have made (in theory (2)) their prices more competitive. ...
adjust the exchange rate for official reducing central bank gold content of the national currency (in terms of gold standard) or lowering its official exchange rate against foreign currencies. Thus, the devaluation increases the number of u...
China’s claim of islands and surrounding waters in the South China Sea. Discussion The dispute over islands and waters in South China Sea generates, like other similar disputes regarding the claims of territorial sovereignty, feelings of na...
China without any clear information of the numerous pitfalls they will encounter: the feeble direct of regulation, forceful governmental intervention, and a shortage of managerial gifts, the prospect of counterfeiting, the very fast paced e...
of efforts, China's auto industry from scratch, to form a more product range, meet the domestic needs of the industrial system. From 1955 to 1998, China's auto industry output of main products in the following table. Years Total vehicle pr...
reasons find their place in the ongoing debate of china’s endeavor to clinch the status of the superpower of the world, and that too with such pace and commitment. These factors pertain to political, social, economical, scientific, technolo...
software services to organizations worldwide. To give an indication, by the end of 2002, there were over 800 third-party software services providers just in India. India’s leadership role in off-shoring and software services has now been we...