On Innovative Management of Chinas Excessive Foreign Exchange Reserves
Chinas foreign exchange reserves exceeded 3000 billion dollars by the end of March, 2011. What disadvantages do huge, fast growing foreign exchange reserves have? What is the relationship between foreign exchange reserves, CPI and imbalanced income? This paper studies into the relationship between foreign exchange reserves and economic disequilibrium, using Eviews, the result of which shows that both CPI and average disposable income have positive correlation with foreign exchange reserves. Based on analysis of its evolving mechanism, suggestions for creative management of excessive foreign exchange reserves are put forward.
Wang Juan Kong Yusheng
School of Economics & Finance,Jiangsu University,Zhenjiang, China
国际会议
2011 International Conference on Product Innovation Management(第六届产品创新管理国际会议)
武汉
英文
479-483
2011-07-16(万方平台首次上网日期,不代表论文的发表时间)