This is the first book to collect academic studies examining issues related to the potential internationalization of the Renminbi. It considers policy implicati
The rise of the renminbi and what it means for forex markets Chinese authorities have ambitious plans to "internationalize" the renminbi, transforming it from a
A Brookings Institution Press and Asian Development Bank Institute publication Meet the next global currency: the Chinese renminbi, or the "redback." Following
Few topics have attracted as much attention worldwide in recent years as the RMB. These debates have gained added urgency in light of the financial crisis and t
Over the past two decades, China's robust economic performance has propelled it to the world stage. At the same time, the world has increasingly scrutinized Chi