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Renminbi (RMB), and its possible influence on world trade and global finance. The book will be useful in understanding the … future of the RMB, as well as its process of becoming a global currency. With the boom of China's economy, the RMB is …
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This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account … liberalisation and internationalisation of the use of the renminbi. After a slowdown in reform momentum during the global financial …, China's debt has doubled, reaching levels that are clearly above those of most emerging markets. This increases the risks …
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a digital renminbi (or yuan) could replace the US dollar as a medium of exchange in international transactions. China … on domestic use of the Chinese CBDC. But this study is unique in analyzing the prospects of a digital renminbi as a …This article provides a detailed introduction to China's launching of a digital currency. We conduct a comparative …
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We document stylized facts about China's recent exchange rate policy for its currency, the renminbi (RMB). Our …
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