China is no different from most emerging market economies in adopting policies of foreign exchange market intervention, capital controls and interest rate regulation.

中国干预外汇市场，实行资本控制和利率管制，这些政策其实与绝大多数新兴市场经济体没有什么不同。

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The main problem of the intervention to foreign exchange market is whether charge against intervention and non-charge against intervention can affect exchange rate.

外汇市场干预的中心问题，就是冲销干预和非冲销干预是否影响汇率以及如何影响汇率的问题。

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This article mainly analyses the central bank's effectiveness of intervention with the foreign exchange market.

本文主要对中央银行外汇市场干预的有效性进行了分析。

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Indeed, studies have shown that even when emerging-market economies say they are floating (as Malaysia, for example, used to), they tend to rely more heavily than the industrial countries do on interest-rate policy and foreign-exchange market intervention to limit actual movements in the exchange rate.

ECONOMIST: Spoilt for choice | The