Eichengreen, Barry; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
-denominated bond issuance in Hong Kong, China, but that RMB internationalization is still limited due to capital account controls. The …The growing weight of the People’s Republic of China (PRC) in the world economy, measured by gross domestic product …). This paper provides an overview of RMB internationalization issues. Reviewing the current state of RMB internationalization …