This book collects expert opinions, research, and risk assessments
from within the Chinese financial policy establishment on prospects
for the internationalization of the renminbi as a reserve currency
around the world. As China's economy diversifies in the acquisition
of global assets, the renminbi may partially displace the dollar or
yen as a reserve currency, with unpredictable and profound
potential consequences. This book, presenting for the first time in
English, the Chinese perspective on the internationalization of the
Chinese currency will be of great value to central bankers,
financiers, and students of international finance.
General
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