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Attaining Internal and External Equilibrium in China email this discussion to a friend?

Econbrowser (2) 
3 years ago

China raises rates again. What will higher rates do?From Bloomberg: China Cools Investment, Fails to Tame Trade Surplus (Update1) By Nipa PiboontanasawatMarch 19 (Bloomberg) -- China, which raised interest rates for a third time in 11 months this weekend, is discovering that solving one of its two main economic problems makes the other one worse. The interest rate increases and other measures are cooling investment in factories, real estate and other fixed assets, allowing Premier Wen...

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tags:  china, renminbi, exchange rate, yuan, mundell-fleming model
 
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