relationship of the US, China and Russia as an example to study the problem. This paper finds that even under the full commitment … issuance is a reflection of a country's financial power, because China's safe asset issued to Russia is denoted by USD, whether … or not China encounters Triffin dilemma is ultimately determined by the US. …

measures taken by China to internationalize its renminbi, including several bilateral swap agreements signed with other central … banks, have reinforced other eastward trends in the world economy. In this paper, China's acceleration of renminbi …

The rise of the renminbi (RMB) as a key currency in international financial markets has been fast. It reflects China … given China's increasing weight in the world economy, this paper will argue that such an event is not likely to take place …

China and the international monetary system need each other. The international monetary system is strained, with crisis … just around the corner, yet reform is not on anyone's agenda. Meanwhile China, deeply invested in the current system, faces … international monetary system and China-IMF-style Special Drawing Rights (SDRs). If in a unilateral initiative China were to make …

The rise of the renminbi (RMB) as a key currency in international financial markets has been fast. It reflects China … given China's increasing weight in the world economy, this paper will argue that such an event is not likely to take place …

measures taken by China to internationalize its renminbi, including several bilateral swap agreements signed with other central … banks, have reinforced other eastward trends in the world economy. In this paper, China's acceleration of renminbi …