China and the international monetary system need each other. The international monetary system is strained, with crisis … just around the corner, yet reform is not on anyone's agenda. Meanwhile China, deeply invested in the current system, faces … international monetary system and China-IMF-style Special Drawing Rights (SDRs). If in a unilateral initiative China were to make …

China's financial integration with the rest of the world lags far behind its trade integration, owing to long … important role in stimulating China's financial integration and promoting the use of the RMB outside the country. In Europe, as … banking activity in general, and strengthen the financial links between Europe and China. Capital account opening in China is …

ambition, or COVID-19 induced recession; it is China's fast acceleration in becoming a game changer in the world order that the …

At a summit meeting in December 2011, China and Japan agreed to improve cooperation on developing their financial …

We empirically characterize how China is internationalizing the Renminbi by selectively opening up its domestic bond … market and propose a dynamic reputation model to understand China's internationalization strategy. While previously closed to … foreign investors, China has recently allowed major increases in foreign investment in its domestic bond market. China …

This paper examines the impacts of U.S.-China trade tensions via the lens of East Asian stock markets. Studying 10 …