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. …

We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi … affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …

Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying …

Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the … international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi …. This paper discusses the factors shaping the prospects of internationalising the renminbi from the perspective of the …

will inevitably lead to a diminishing international role for the USD. -- China ; renminbi ; yuan ; basket peg ; foreign …On 19 June 2010 the Chinese authorities announced that the renminbi (RMB) was henceforth to be pegged to a currency … Seoul Summit on 11-12 November 2010, China committed to further reform the RMB exchange rate regime. We discuss here what a …

euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the … shock. -- China ; yuan ; exchange-rate regime ; euro ; dollar …

On August 11 2015, China revamped its procedure of setting the official central parity of the renminbi (RMB) against … the US dollar. Our empirical investigation shows that the intertemporal dynamics of China's central parity are not the … for the RMB exchange rate against the currency basket revealed by China in December 2015 in the fixing process. …

potentially subsidized capital allocation in China the real yuan/dollar rate is undervalued. This has caused - both in China and …-American policy coordination to escape from the policy dilemma, which continues to drive global imbalances. -- China ; exchange rate …

The offshore renminbi (CNH) exchange rate is the exchange rate of the Chinese currency transacted outside China. We …