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Current State of the Internationalization of the Renminbi

Ruogu Li

Chapter 20 in Reform of the International Monetary System and Internationalization of the Renminbi, 2015, pp 253-260 from World Scientific Publishing Co. Pte. Ltd.

Abstract: At present, the renminbi is already being circulated and used in China's neighboring countries and regions. As its economic strength increases, China will have more say in international trade, investment, and finance, which will create greater momentum for the internationalization of the renminbi (Li Ruogu, 2008).

Keywords: IMF; World Bank; Financial Crisis; International Monetary System; RMB; International Monetary System Reform; China; US; Dollar; Renminbi; Yuan; Currency; Exchange Rate (search for similar items in EconPapers)
JEL-codes: G10 (search for similar items in EconPapers)
Date: 2015
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