摘要
目前在人民币升值预期较强的条件下,投机资本早已把目光投向中国市场,大量的投机资本流入中国,加剧了通货膨胀的压力,影响中国金融的稳定。本文主要分析了投机资本流入的原因、套利机制原理、热钱流入的影响,并重点考察了通过外汇贷款套利和通过港币套利的机制。最后本文提出了投机资本管理和防范的政策建议。
Under strong RMB appreciation expectation, speculators switch their eyes to Chinese market, and more speculative capital flows into China mainland. This jeopardizes Chinese financial stability. The paper analyzes arbitrage mechanism of speculative capital inflow, especially the channels of foreign exchange loan and Hang Kong Dollar. Finally the paper makes policy suggestions on speculative capital control and prevention.
出处
《上海金融》
CSSCI
北大核心
2008年第8期63-67,共5页
Shanghai Finance
基金
"国家自然科学基金"(70673011)
教育部重大攻关项目"人民币均衡汇率问题研究(05JZD00012)
"复旦大学中国经济国际竞争力创新基地国际金融方向子课题"(06FCZD0014)"的资助
关键词
热钱
投机资本
外汇贷款
港币投机
Hot Money
Speculative Capital
Foreign Exchange Loan
Hang Kong Dollar Speculation
