Huang, Yiping; Wang, Daili; Fan, Gang - 2014
In this paper we try to address the question of what could help make the renminbi a reserve currency. In recent years …, the authorities in the People's Republic of China (PRC) have made efforts to internationalize its currency through a two …-track strategy: promotion of the use of the renminbi in the settlement of cross-border trade and investment, and liberalization of …