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 …

.S. dollar may be a gradual process. These would impact the Peoples Republic of Chinas (PRC) renminbi policy, which, in turn, may … reserve investment. It could also promote IMFs SDR by linking renminbi to it. The global crisis is likely to accelerate, not … to slow, renminbi policy liberalization. And an internationalized renminbi may play very important global and regional …

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 …

policy implications for the choice of exchange rate regime and for foreign debt management in China …