This paper studies the ongoing diffusion of renminbi trading across the globe, the first such research of an … international currency. It analyses the distribution in offshore renminbi trading in 2013 and 2016, using comprehensive data from … centres favoured by the policy of renminbi internationalisation had big shares in global renminbi trading. In the following …

Who has been in the driving seat promoting internationalization of the Chinese renminbi? Why has this actor been …, highlighting the leading role of the Chinese central bank in renminbi internationalization. At first glance the bank's active … advocacy of renminbi internationalization seems puzzling, since many studies point to a decline in the effectiveness of the …

creation of 38 swap lines by the People's Bank of China between 2009 and 2018 provides a test of the theory. Signing a swap …

We analyze prospects for the Chinese renminbi to become a major international currency, along with the US dollar, in a …

China's increasing trade volume and continuous integration with global financial markets have strengthened the … influences of the renminbi on the exchange rates of different currencies. Previous studies find closer co-movements between the … renminbi and other currencies. This paper is novel to investigate the underlying determinants of the comovement further, using …

country's mere trade and investment integration with China does not meaningfully affect its government's support for renminbi … question, with a focus on the case of the Chinese renminbi, by employing a demand-side approach examining the international … likely to be more interested in enhancing its use of the renminbi, implying thereby that global financial institutions and …

China has been provoked into speeding renmnibi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan …/dollar exchange rate to encourage naturally high wage increases for balancing China's international competitiveness …

impressive inroads. The progress in renminbi trade settlement is especially impressive. However, Hong Kong, China's offshore …'s Republic of China's (PRC) trade and the convenience of using the renminbi for transaction settlements is one contributing …Since the formal launch of the renminbi trade settlement scheme in 2009, renminbi internationalization has made …

This article provides a new framework to evaluate the status of Renminbi internationalization. It proposes that the … currencies including Renminbi. It finds that Renminbi shares more similarities in foreign exchange trading patterns with the …

follow such steps. First, Taiwan's economic ties with China are substantial both in trade and FDI and they are set to be …