Eichengreen, Barry; Kawai, Masahiro - 2014
The growing weight of the People's Republic of China (PRC) in the world economy, measured by gross domestic product … (GDP) and trade volume, has intensified debate on the potential international role of its currency - the renminbi (RMB …, the paper finds that much progress has been made on RMB settlements for trade involving the PRC and on RMB …