Eichengreen, Barry; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
The growing weight of the People’s Republic of China (PRC) in the world economy, measured by gross domestic product …, the paper finds that much progress has been made on RMB settlements for trade involving the PRC and on RMB … (GDP) and trade volume, has intensified debate on the potential international role of its currency—the renminbi (RMB …