Renminbi trade invoicing: Benefits, impediments and tipping points

Kathleen Walsh ()

Published Paper Series from Finance Discipline Group, UTS Business School, University of Technology, Sydney

Abstract: This paper analyses a survey of Australian and Chinese corporates on renminbi (RMB) invoicing awareness, use and expectations. It considers the benefits of RMB trade invoicing as well as a range of factors that would appear to be discouraging its use in trade between Australia and China. It also identifies potential tipping points for increased RMB invoicing going forward.

Keywords: Monetary policy; Economic policy; Foreign exchange rates; Business enterprises - Economic aspects (search for similar items in EconPapers)
Pages: 9 pages
Date: 2015-01-01
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Published as: Walsh, K. D., 2015, "Renminbi Trade Invoicing: Benefits, impediments and tipping points", JASSA, 2, 33-41.

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