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《Research on the Generalized Virtual Economy》 2011-01
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Interpretation of U.S.Pressure on China Appreciation of the RMB from the Perspective of Asymmetry between Use Value and Virtual Value

SONG Ke-wei(Generalized Virtual Economy Research Institute,AVIC,Beijing 100012,China)  
This paper analyzes the U.S.pressure on China appreciation of the RMB from the perspective of asymmetry between use value and virtual value,proposes that material flow based on the use value and information flow based on the virtual value asymmetry leads to Sino-US trade imbalance,China and U.S.credit system asymmetry leds to the differences in economic structure,and contesting for the generalized virtual economic dominance is the root cause of the U.S.pressure on China appreciation of the RMB.Finally,policy recommendations:Vigorously develop the cultural industry to ease the pressure of RMB appreciation;the fundamental solution to the pressure of RMB appreciation is mastering the generalized virtual economic dominance.
【CateGory Index】: F832.6
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【Citations】
Chinese Journal Full-text Database 3 Hits
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