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RMB Internationalization: Empirical and Policy Analysis

  • David Daokui Li
  • Linlin Liu

Abstract

China is now one of the largest economies and largest trading partners in the world. With the restrictions on international financial transactions gradually being liberalized, the emergence of the Chinese economy has aroused speculation on the future landscape of the world economy. One of the most interesting aspects is the possible rise of the Chinese renminbi (henceforth RMB) as an international currency, as the RMB is already widely used in cross-border trade between China and neighboring countries.

Keywords

Real Interest Rate International Bond Chinese Economy International Reserve International Currency 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© David Daokui Li and Linlin Liu 2010

Authors and Affiliations

  • David Daokui Li
  • Linlin Liu

There are no affiliations available

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