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RMB Internationalization: Empirical and Policy Analysis

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Abstract

China is now one of the largest economies and largest trading partners in the world. With the restrictions on international financial transactions gradually being liberalized, the emergence of the Chinese economy has aroused speculation on the future landscape of the world economy. One of the most interesting aspects is the possible rise of the Chinese renminbi (henceforth RMB) as an international currency, as the RMB is already widely used in cross-border trade between China and neighboring countries.

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References

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Authors

Editor information

Wensheng Peng (Head of China Research in Barclays Capital)Chang Shu

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© 2010 David Daokui Li and Linlin Liu

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Li, D.D., Liu, L. (2010). RMB Internationalization: Empirical and Policy Analysis. In: Peng, W., Shu, C. (eds) Currency Internationalization: Global Experiences and Implications for the Renminbi. Palgrave Macmillan, London. https://doi.org/10.1057/9780230245785_7

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