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numbers in terms of global settlements in renminbi and with the experience of China's two main previous failed attempts to … achieve renminbi internationalisation. However, China is moving towards a more realistic plan for renminbi … settlements and financing (Chinese banks' overseas loans denominated in renminbi and official renminbi swap lines offered by the …
Persistent link: https://www.econbiz.de/10014513681
We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi … currencies, is affected by trade intensity, bilateral swap line arrangements, and has a regional bias. Further, it is possibly … affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …
Persistent link: https://www.econbiz.de/10012232928
We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi … currencies, is affected by trade intensity, bilateral swap line arrangements, and has a regional bias. Further, it is possibly … affected by disputes with China, and is different from the diffusion behaviours of the offshore US dollar, euro, British pound …
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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 …
Persistent link: https://www.econbiz.de/10012966778
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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