All other things being equal credit conditions in China should be easy under a fixed or managed exchange rate system and a large balance of payments surplus.

若其它因素不变，在实行固定或有管理的汇率体制及国际收支大笔盈余的情况下，中国的信贷环境应是宽松的。

youdao

Article 33 The exchange rate for Renminbi is a single, managed floating exchange rate based on market demand and supply.

第三十三条人民币汇率实行以市场供求基础的、单一的、有管理的浮动汇率制度。

youdao

On your second question, China adopts a managed floating exchange rate regime, which serves the long-term and fundamental interests of China.

关于第二个问题，中国实施有管理的浮动汇率制度，这一机制符合中国长远和根本的利益。

youdao

It has managed to stabilise the exchange rate by borrowing money from abroad and raising interest rates.

ECONOMIST: Ghana

It also managed to narrow the gap between the official exchange rate and the price of the dollar in the free market.

ECONOMIST: Venezuela's economy

Iran's exchange rate, set by a managed float, makes exporting difficult.

ECONOMIST: Stunted and distorted | The