E@ECIPE
With the #EU's energy dependency on #Russia, learn how the #ThreeSeasInitiative could help decrease this dependency… https://t.co/UQLgpGCIXr💬 ECIPE researcher @vanikashm5 on the impact of the Russian invasion of #Ukraine on the #EU-#Mercosur economic rela… https://t.co/ptmpWVEsv6🤔How vital are #IP rights for the services sector, how does it protect #innovation and what are the difficulties wh… https://t.co/K5ZFfpMkhyWhat could 🇪🇺 #trade policy look like after 🇺🇦? The #UkraineCrisis strengthens the counter-argument for openness t… https://t.co/yvOVjKNejbChina’s policies towards #monopsony in the public procurement market of #medicaltechnology goes against the policy… https://t.co/oXM5hO03Vz
  • FOLLOW ECIPE
x
Browse

The Renminbi Valuation and Global Imbalances

September 27 2010
Venue: ECIPE, Rue Belliard 4-6, Brussels
Speakers: Professor Sylvain PlasschaertnDr. Ulrich Jochheim
Time: 14:30

The valuation of the Chinese Renminbi (RMB) continues to cause tension in US-China relations. Although the People’s Bank of China introduced some limited flexibilities ahead of the Toronto G20 meeting, it failed to convince those who accused China of currency manipulation and call for sanctions, possibly authorized by the WTO.

Are the critics right – is the global imbalance fuelled by the RMB valuation, and is it holding back the global recovery? Or have they exaggerated the effect of Chinese currency policy? Is the RMB really undervalued? And what policy options are there for the EU and the Eurozone as we approach the next step in the EU-China dialogue? 

ECIPE is pleased to invite you to a presentation by Professor Sylvain Plasschaert, Professor Emeritus of the University of Antwerp, the Catholic University of Leuven and a former fiscal economist at the World Bank who has published extensively on economic developments in China. This presentation is based on his forthcoming ECIPE paper ‘Is the Renminbi Undervalued?’ which analyses the case through key features of China’s macro-economy, including foreign exchange reserves, trade surplus and the current account balance. 

Discussant at this seminar is Dr. Ulrich Jochheim from the European Commission, who is in charge of China, India and Korea in the International Directorate of the DG Economic & Financial Affairs. 

You are cordially invited to the presentation and to take part in the following discussion. 

RSVP to info@ecipe.org by September 26

Location