This raises an obvious question: How has China managed to defy the Mundell trilemma by maintaining all three policy objectives simultaneously? The answer lies in China’s sterilization policy.
因此就产生了一个显而易见的问题：中国是如何通过同时维持三大政策目标来逆转蒙代尔三重困境的？而答案就在中国的货币冲销政策之中。