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dc.contributor.authorLi, Richard (Ziyuan)
dc.date.accessioned2017-08-22T10:05:32Z
dc.date.available2017-08-22T10:05:32Z
dc.date.issued2017-07
dc.identifier.urihttp://jhir.library.jhu.edu/handle/1774.2/40914
dc.description.abstractHong Kong is one of the main economies operating a currency board system today. With its currency fixed to the U.S. dollar, the system has functioned successfully since it was restarted in 1983. The last time it faced severe challenges was during the East Asian financial crisis of 1997-98. However, with the comparatively large depreciation of renminbi (RMB, and sometimes referred to as Yuan) during the past two years, a rising question is how Hong Kong might be affected by a possible future crisis originating from China. In this paper, we examine the impact of RMB depreciation on Hong Kong, with a focus on three sectors of Hong Kong’s economy: foreign direct investment, external trade, and tourism.en_US
dc.language.isoen_USen_US
dc.publisherInstitute for Applied Economics, Global Health, and the Study of Business Enterpriseen_US
dc.relation.ispartofseriesStudies in Applied Economics;83
dc.titleAn Analysis of the Impact of RMB Depreciation on Hong Kongen_US
dc.typeWorking Paperen_US


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