Preface -- A historical prologue -- Currency concepts -- Capital account opening -- The exchange rate regime -- The RMB goes global -- Reserve currency -- The mirage of safety -- Could China stumble? -- Rising global influence -- Conclusion

Money is the game changer -- China's extraordinary, but still unfinished transformation -- A financially repressed economy -- China: a trading nation without an international currency -- Living with a 'dwarf' currency -- Creating an international currency -- Building a market for the renminbi --...

"For a very long time, silver was money, but in the late nineteenth century, much of the world adopted some variant of the gold standard. China, however, remained the most populous country still using silver, although the country had no unified national currency; there was not one standard, but...

Critical analysis of RMB internationalization and the coming global currency shiftRenminbi Risingcharts the emergence of China's internationalizing currency and provides an in-depth analysis of the global repercussions. Written by a team of renown economics researchers, this book describes the...