Pathway Towards Internationalizing the Renminbi

Ruogu Li

Chapter 22 in Reform of the International Monetary System and Internationalization of the Renminbi, 2015, pp 269-280 from World Scientific Publishing Co. Pte. Ltd.

Abstract: China is already the world's third biggest economy, third largest trading country, and the sixth largest overseas investor. But the internationalization of the renminbi is still at an early stage, and its international status is incompatible with China's power in the global community. It is therefore necessary to create an environment which promotes the internationalization of the renminbi.

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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