The rise of the renminbi (RMB) as a key currency in international financial markets has been fast. It reflects China … given China's increasing weight in the world economy, this paper will argue that such an event is not likely to take place …

measures taken by China to internationalize its renminbi, including several bilateral swap agreements signed with other central … banks, have reinforced other eastward trends in the world economy. In this paper, China's acceleration of renminbi … internationalization is examined. The growth of renminbi-based trade and settlements has made it Asia’s new reference currency, surpassing …

measures taken by China to internationalize its renminbi, including several bilateral swap agreements signed with other central … banks, have reinforced other eastward trends in the world economy. In this paper, China's acceleration of renminbi … internationalization is examined. The growth of renminbi-based trade and settlements has made it Asia's new reference currency, surpassing …

Most studies of renminbi internationalization focus on the supply side, by examining China's own economic and political … South Korea, China's next-door neighbor. The study finds that sustainable indigenous market forces facilitating renminbi use … conditions. In contrast, this study addresses the demand side of renminbi internationalization, by providing an in-depth analysis …

to purchase and sell financial assets. Our model contributes to the debate on the internationalization of the renminbi …, supporting the view that deep financial reforms should precede capital account liberalization to sustain the renminbi …

euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi … global financial crisis. These results are consistent with China’s dominance hypothesis and with the view that the … international monetary system is already tri-polar. However, we also find that China’s currency movements are to some extent …

The paper assesses the international status of the Chinese currency renminbi (RMB) by recounting and reviewing the … recent polices China instituted to promote the use of the RMB in the global market. The evidence suggests that the RMB is …

The paper assesses the international status of the Chinese currency renminbi (RMB) by recounting and reviewing the … recent polices China instituted to promote the use of the RMB in the global market. The evidence suggests that the RMB is …

The paper assesses the international status of the Chinese currency renminbi (RMB) by recounting and reviewing the … recent polices China instituted to promote the use of the RMB in the global market. The evidence suggests that the RMB is …

preeminence. China seems to be moving steadily in that direction, and renminbi convertibility will proceed apace not least because … renminbi will eclipse the dollar, what will be the timing of, and the prerequisites for this transition, and which of the two … years traditionally believed. Applying these findings to the current context suggests that the renminbi could become the …