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and banks to use the renminbi as an alternative to the dollar. In addition to contributing to a broader understanding of …
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international trade call for joint rescue plans on a global basis. China’s recent price adjustment has proven a failure and its … domestic consumption-stimulating policy is ineffective. Investments and exports remain the growth engine for China’s economy … rate parity and reduction of the tax rate parity. Internationalization of the U.S. dollar-permeated renminbi is not a …
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This paper analyzes the progress of RMB internationalization by considering the effect of Shanghai Pilot Free Trade Zone (FTZ) specifically. Different from other literature that just focus on introducing policies and giving general descriptions about the influence of Shanghai FTZ, we use...
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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 …
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surrounding the rise of the Chinese Yuan. It is the first book to address the rise of the Renminbi by focusing on the structural …
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1. Renminbi Internationalization index -- 2. Current situation of the internationalization of the renminbi -- 3. Public …
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