Uniqueness of speculative capital flows, Page

There is a common understanding that hot money flowed into China before the Chinese yuan depegged the US dollar the first time in 2005. However, controversies remain on whether there have been large speculative in 2010 and the significance of their impact speculative capital and its monetary policy responses. It analyzes the costs and benefits money to China and provides both short term and and current monetary policies caused speculati economy in China has helped the country to minimize the impact of hot money in the short run