Effects of RMB Internationalization on China’s Finance Industry

Shusong Ba, Bo Wu, Ping Yuan, Miao Wang and Zhuqing Yin

Chapter 8 in Currency Internationalization: Global Experiences and Implications for the Renminbi, 2010, pp 186-208 from Palgrave Macmillan

Abstract: Abstract Under the accelerating trend of global financial integration, especially since China’s entry into the World Trade Organization (WTO), the finance sector of China is faced with the inevitability of opening its door to the outside world. The internationalization of the Chinese currency, the renminbi (RMB)—an important channel through which to export China’s influence to the outside world—is a gradual process affected by different factors.

Keywords: Foreign Direct Investment; Monetary Policy; Financial Market; International Bond; Currency Internationalization (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24578-5_8

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DOI: 10.1057/9780230245785_8

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