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Conclusions and Proposals

  • International Monetary Institute
Chapter

Abstract

Incorporating RMB into the SDR basket represents a milestone in RMB internationalization. Jointly driven by five impetuses, RMB Internationalization Index (RII) jumped to 3.6, an increase of over ten times over five years. At this new stage, China needs to step up macro-financial regulation to avoid the waxing and waning of RMB internationalization.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Renmin University of ChinaBeijingChina

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