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As China’s exports become more sophisticated and less sensitive to exchange rates, China can be bolder in reforming its exchange rate regime, writes William Thorbecke (RIETI).

Cesara hidalgoNimesh salikeRicardo hausmannWillem thorbeckeWorld trade organizationAsian development bankSipa united statesChina exchange rate reformsChina exchange ratesChina exportsExchange rate shocksExport sophisticationIndustrial policyTechnology exports