This paper analyzes the relation between foreign trade and exchange rate fluctuation since 1994's exchange regime reform. It also discusses the impact of increasing labor price on export firms,and the development chances of Chinese financial market when exchange rate has much more uncertainty.
The financial derivative market is the an advanced stage of the market economy Development, the important component of modern financial markets, and the most dynamic and most innovative market in the world.
After that more than 20 years, as China's rapid economic development and the constant deepening of reform and opening up, especially in China's WTO entry, the foreign bank can obtain the bigger development space in the China financial market and obtain a quicker development.
In short, information contained in returns, volatility, and volume from financial markets in the US and Hong Kong has very weak predictive power for Chinese financial market variables.
The JV was seen as an opportunity to establish a sound independent evaluation and consulting service for the emerging Chinese financial market.
例句来源
In 2005,China's financial market is a great attraction,brilliant and huge.In money market,sorts of financial instruments are increasing constantly and market transaction size larger and larger.A rapid development has been gained in short-term bond market;bill market has streadily grown in strength;money broker company has been briefly stated theme;repo market interest rate became lower than expectation;invigoration of call money market decreased.In capital market,stock market is still weak;the reformation o...
The Chinese economic development brings many challenges to various theories.With the RBM appreciation,the Chinese export has not been restrained but greatly increased.The gradual increase of labor prices has not led to industries transition as many people worried.This paper analyzes the relation between foreign trade and exchange rate fluctuation since 1994's exchange regime reform. It also discusses the impact of increasing labor price on export firms,and the development chances of Chinese financial market...
In the developed financial markets,the term structure of repo rate follows pure expectation hypothe- sis,and risk premium is not significant both economically and statistically.But Chinese financial market as an emer- ging market behaves differently.With repo rate data in the Shanghai Stock Exchange during the period from January 2000 to February 2006,it is found that long-term repo rates have obvious risk premiums,and expectations hypothesis does not hold.Further analysis reveals that liquidity is a key fa...