China’s Control of the Yuan

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Essay #: 062879
Total text length is 10,297 characters (approximately 7.1 pages).

Excerpts from the Paper

The beginning:
China's Control of the Yuan
To: Dr. Ronald Raygun,
Chair
DIA PACOM Strategy Committee
From: Dr. StudentFirstName LastName,
Staff Analyst
DIA PACOM Research Division
Classified Document
Executive Summary
China has pegged its currency, the Yuan, the U.S. dollar. What this means is that the Chinese government places a legal constraint that its currency can only be traded at a fixed rate of conversion which is tied to the U.S. dollar. This artificial level of control has helped China take advantage of its trade deficit by maintaining an artificially undervalued currency. In turn, the huge revenue generation from this market interference has helped China to significantly boost its economic and military capabilities. These developments are of...
The end:
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