Since 2009, the Chinese government has committed itself to encourage Renminbi (RMB) internationalization. China has … foreign trade currency and strengthens the RMB's position as an international currency. China must encourage RMB …

The status of the renminbi (RMB), China's currency, is not commensurate with the country's global economic prowess as …'s Republic of China initiated efforts to promote the international use of the RMB. This paper reviews the historical experience … formal monetary arrangement such as the euro, the RMB may achieve its status as a regional settlement currency within Asia …

China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …

instead on the potential role of the Chinese renminbi. It becomes increasingly clear that China will assume the role of the … Asian currencies. It is rather unlikely that the renminbi will assume a dominant role immediately but by drawing comparisons …

In this paper we try to address the question of what could help make the renminbi a reserve currency. In recent years …, the authorities in the People's Republic of China (PRC) have made efforts to internationalize its currency through a two …-track strategy: promotion of the use of the renminbi in the settlement of cross-border trade and investment, and liberalization of …

In this paper we try to address the question of what could help make the renminbi (RMB) a reserve currency. In recent … years, the authorities in the People's Republic of China (PRC) have made efforts to internationalize its currency through a …