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Pathway Towards Internationalizing the Renminbi

In: Reform of the International Monetary System and Internationalization of the Renminbi

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  • Ruogu Li

Abstract

China is already the world's third biggest economy, third largest trading country, and the sixth largest overseas investor. But the internationalization of the renminbi is still at an early stage, and its international status is incompatible with China's power in the global community. It is therefore necessary to create an environment which promotes the internationalization of the renminbi.

Suggested Citation

  • Ruogu Li, 2015. "Pathway Towards Internationalizing the Renminbi," World Scientific Book Chapters, in: Reform of the International Monetary System and Internationalization of the Renminbi, chapter 22, pages 269-280, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814699051_0022
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    More about this item

    Keywords

    IMF; World Bank; Financial Crisis; International Monetary System; RMB; International Monetary System Reform; China; US; Dollar; Renminbi; Yuan; Currency; Exchange Rate;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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