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Discussion of the role of EURO and its influence on Chinese economy

REN Wei (Shijiazhuang University of Economics,Shijiazhuang 050031,China)  
The EURO has been formally used since Jan 1,1999. This article discusses the influence of the EURO on world's economy in several aspects: strengthening the competition power of the European Union, forming various monetary systems and greater capital market. The author thinks that the EURO must influence Chinese economy in the foreign trade,capital debt and foreign exchange reserve.
【CateGory Index】: F82; F12
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