conventional wisdom and the status quo to anslyse China's currency ambition in the post-subprime world. Discussions combine …"Until recently the world has been relying on the US dollar and the Euro to lubricate the flow of global trade and … finance. A newcomer, the Renminbi (RMB) or Chinese Yuan, joined the global monetary system in 2000. The rise of the RMB is …

's economic and political relations with China may have meaningful impacts on the level of its establishment of those renminbi …The internationalisation of the Chinese renminbi has taken a path distinct from most cases involving previous … support renminbi use — renminbi swap lines, Renminbi Qualified Foreign Institutional Investor quotas and renminbi clearing …

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 …

international currency. If the renminbi were to become a dominant international currency, it would require China to attain a much … dynamic path and lead to an earlier critical transition. We then discuss the implications for the renminbi, a budding …