The recent financial crisis, rooted in the United States, has
changed the world's economic and financial structures. The Chinese
government has made some arrangements in the post-crisis to ensure
stable economic growth in volatile international economic
environments and to protect its own interests from unfair
international monetary treatments. The internationalization of
Renminbi (RMB) is one of China's most important national strategies
in the 21st century and is symbolic in the rise of China. This book
aims to document the process and the development of the
internationalization of Renminbi and to identify the challenges.
The book introduces an index of internationalization of Renminbi.
It also uses a comprehensive multi-variable index to determine the
degree of internationalization of Renminbi. This book helps readers
to understand the current status of the reformation on China's
currency system, the process of internationalization of the RMB and
the current, intricate political and economic relations.
General
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