Despite the fact that China and the United States represent the G2 in terms of economic size, the RMB’s international … significance in the existing international financial system is limited. China has made significant progress in encouraging RMB … process of the internationalization of RMB and KRW, China and Korea should further strengthen bilateral financial and economic …

recount China's evolving exchange rate policy in the post-reform era, review the debate over whether the RMB is overvalued or … undervalued, present China's policies to globalize the RMB, describe offshore RMB trading, assess the current global status of the …-represented in the global market and its global role does not match China's economic might. The path of RMB internationalization is …

prospects for the renminbi as a budding international currency. We show that interest rate differentials would be only one of … the factors shaping the renminbi's position, while other factors, including the correlation between foreign countries …' economic growth and their bilateral exchange rates against the renminbi, and the correlation between exchange rates of the …

system and why China's Renminbi (RMB) became the default 'second in line' as the U.S. receded from leadership. Policy makers … of China's internationalizing currency and provides an in-depth analysis of the global repercussions. Written by a team … more fundamental to the global economic recovery. The rapid emergence of China's RMB is a transformative event of global …

the Renminbi. It considers policy implications, documents the rising regional importance of the Renminbi and discusses key … issues in the increasing use of the Renminbi in international trade and finance. …

1. Renminbi Internationalization index -- 2. Current situation of the internationalization of the renminbi -- 3. Public …

This accessible introduction to the world economy and to the theory and practice of globalization argues that key …