issues from multiple perspectives based on this framework. Written by former chief economist at the Bank of China, this book …

establishment on prospects for the internationalization of the renminbi as a reserve currency around the world. As China's economy … diversifies in the acquisition of global assets, the renminbi may partially displace the dollar or yen as a reserve currency, with … international finance. The International Monetary Institute at Renmin University is China's foremost think-tank on issues of …

surrounding the rise of the Chinese Yuan. It is the first book to address the rise of the Renminbi by focusing on the structural …

When China's GDP will be the No.1 -- The reason of change: new option occurring -- The prelude of change: China become … two centers -- Increasing interests of other countries -- The competition and cooperation between China and the US. …This book focuses on the systematic change in the global economy accompanying the rise of China. Once China has the …

, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … Ongoing Evolution of Payment Instruments in China: A Case Study in Financial Innovation and on the Role of the Central Bank …

Against the backdrop of China’s increasingly influential role in the international financial architecture, this book … seeks to characterize and evaluate China’s financial power potential. It does so by analyzing the relationship between … states, the book provides an in-depth analysis of China’s approach to currency internationalization, its creditor status and …

. Renminbi: A New Reserve Currency -- Chapter 21. A General Theory of International Money -- Chapter 22. Where will the U …

the Renminbi. It considers policy implications, documents the rising regional importance of the Renminbi and discusses key … issues in the increasing use of the Renminbi in international trade and finance. …