Explain Why and How China Has Kept Its Chinese Renminbi

question 22

Essay

Explain why and how China has kept its Chinese renminbi undervalued? What would be the potential problem for this policy?

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Definitions:

Governance Committee

A governance committee is a group within an organization responsible for overseeing the overall governance structure, ensuring ethical, legal, and functional frameworks are in place and followed.

Manage

To oversee or control the operation, use, or conduct of something or someone, typically in a professional environment.

Hybrid Boards

Governance structures that combine elements of both nonprofit and for-profit boards of directors, typically found in social enterprises.

Elected Members

Individuals chosen through a voting process to hold a particular office or position, typically within governmental or organizational frameworks.