Georgiadis, Georgios; Le Mezo, Helena; Mehl, Arnaud; … - 2021
currency. Fundamentals and policies have played a contrasted role for the use of the renminbi. We find that China's integration …, the establishment of currency swap lines by the People's Bank of China has been associated with increases in renminbi …The US dollar plays a dominant role in the invoicing of international trade, albeit not an exclusive one as more than …