Yongding, Yu - East Asian Bureau of Economic Research (EABER) - 2014
Since the formal launch of the renminbi trade settlement scheme in 2009, renminbi internationalization has made … impressive inroads. The progress in renminbi trade settlement is especially impressive. However, Hong Kong, China’s offshore … is the sheer size of the People’s Republic of China’s (PRC) trade and the convenience of using the renminbi for …