China's exchange rate policy after WTO accession and policy implications for Vietnam

Abstract

China's exchange rate policy has changed significantly over the 2001-2013 period, both in terms of policy content , The way policies are administered, as well as the coordination of exchange rate policies with other policies, in line with China's growing position in the world market, in the financial markets. Although the financial and economic conditions of China and Vietnam are very different, especially in terms of grave and status, China's exchange rate policy can still be drawn. It is noteworthy policy implications, lessons learned for Vietnam due to the similarity of the starting point of the exchange rate policy, the objectives and the way of economic growth, the management system Regulating the economy, of culture and thinking, etc.