http://money.cnn.com/2014/03/15/investing/china-currency/index.html?iid=H_E_News
The Chinese have alway kept s very tight hold on its net exports in order to keep its exchange rate to favorable yields. This has always resulted in the control of the range of fluctuation of the chines currency. However, this tight security on its currency has hurt it as it hasn’t been able to grow its economy to the extent that it can. China has alway talked about opening its economy and making everyone see that the Chinese want to be a currency that is susceptible to market fluctuations just as anyone else. Because China is known as a “safe bet” people constantly invest in China in some way thinking that it stands above the markets. China however is trying to establish that it has flaws just like any other countries.
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