China’s progress to date on capital account liberalization, including recent efforts to promote renminbi … internationalization and greater use of the renminbi in trade settlement. The paper concludes with an overview of remaining obstacles to …

circumstances one of the most frequently discussed topics is the possibility of achieving by the renminbi (CNY) the status of …

that could contribute to the emergence of the Chinese currency (renminbi/ yuan) as an international currency. To this end …

This paper provides a succinct introduction to the internationalisation of the renminbi, a subject of increasing … incentives to hold renminbi-denominated assets and liabilities? How do non-Chinese residents acquire renminbi-denominated assets … and liabilities? Does this not require convertibility of the renminbi under the capital account of the balance of payments …

Recent empirical studies show that the Chinese currency renminbi is either becoming or has become a dominant reference … currency in Asia. However, the high correlation between the US dollar and renminbi movements hampers the identification of … weights of the US dollar and the (unorthogonalized) renminbi in the implicit currency baskets could suffer from endogeneity …

In recent years, one of the most frequently debated issues in Congress has been the value of the Chinese renminbi (RMB … manipulation” bashing appears to temporarily slow down, rather than accelerate, the rate at which the renminbi appreciates against …

) and Ng and Perron (2001) are applied on the Renminbi bilateral (to the US dollar) real exchange rate, corrected from …

: (1) trade competition between China andother Asian countries and the role of the Chinese renminbi therein; and (2) the …