The action of China's interest rate policy shows that the independence of interest rate policy is won by the effectiveness losses under the pegged exchange rate.
中国利率政策的行为表明，钉住汇率下的独立性是以利率政策的有效性损失为代价。
The action of China's interest rate policy shows that the independence of interest rate policy is won by the effectiveness losses under the pegged exchange rate.
中国利率政策的行为表明，钉住汇率下的独立性是以利率政策的有效性损失为代价。
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