Internationlization of the Renminbi

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A01=International Monetary Institute
account
Author_International Monetary Institute
capital
Capital Account Liberalization
Category=KCBM
Category=KCL
Category=KCM
China's Foreign Exchange Reserves
Chinese Government
Chinese monetary policy
cross-border capital flows
Cross-border RMB
Cross-border RMB Settlement
Cross-border Trade RMB Settlement
Cross-border Trade Settlement
currency
currency internationalisation
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exchange Rate
exchange rate mechanisms
Federal Reserve
Foreign Exchange Rate
global financial system
Interbank Bond Market
international
International Monetary System
internationalization
macroeconomic stability
monetary
Offshore Market
Offshore RMB
Offshore RMB Market
People's Bank
renminbi policy challenges
reserve
rmb
RMB Appreciation
RMB Asset
RMB Bond
RMB Business
RMB Capital
RMB Capital Account
RMB Exchange Rate
RMB Internationalization
RMB Settlement
settlement
system

Product details

  • ISBN 9780415870733
  • Weight: 600g
  • Dimensions: 156 x 234mm
  • Publication Date: 05 Nov 2013
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The recent financial crisis, rooted in the United States, has changed the world’s economic and financial structures. The Chinese government has made some arrangements in the post-crisis to ensure stable economic growth in volatile international economic environments and to protect its own interests from unfair international monetary treatments. The internationalization of Renminbi (RMB) is one of China's most important national strategies in the 21st century and is symbolic in the rise of China.

This book aims to document the process and the development of the internationalization of Renminbi and to identify the challenges. The book introduces an index of internationalization of Renminbi. It also uses a comprehensive multi-variable index to determine the degree of internationalization of Renminbi.

This book helps readers to understand the current status of the reformation on China’s currency system, the process of internationalization of the RMB and the current, intricate political and economic relations.

International Monetary Institute of RUC (hereafter referred to as “Monetary Institute”) is a nonprofit academic institution attached to The School of Finance of RUC and China Financial Policy Research Center. It bases itself upon farsighted strategic thinking and precise academic spirits, commits itself to researching international monetary frontier theories, promoting international monetary reform practices and cultivating international finance professionals, and strives to build itself into a top think tank aiming at both theoretical and practical fields concerning international finances, including the rise of China’s monetary industry and the reconstruction of international monetary system.

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