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Internationalization of the RMB

Download or Read eBook Internationalization of the RMB PDF written by International Monetary Institute of the RUC and published by Routledge. This book was released on 2019-03-13 with total page 285 pages. Available in PDF, EPUB and Kindle.
Internationalization of the RMB
Author :
Publisher : Routledge
Total Pages : 285
Release :
ISBN-10 : 9781351611206
ISBN-13 : 1351611208
Rating : 4/5 (06 Downloads)

Book Synopsis Internationalization of the RMB by : International Monetary Institute of the RUC

Book excerpt: Renminbi (RMB) internationalization and the “One Belt One Road” initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of the Silk Road. Then it examines the mutual benefit relationship between the two strategies, emphasizing that commodity pricing and account settlement, infrastructure finance, industry development zone construction, and cross-border e-commerce should be the key to RMB internationalization.


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