) government bonds, the People’s Republic of China (PRC) needs a currency with international status that can match its economic … status in the global economy. However, sequencing is important. Before the internationalization of the yuan can make … and interest rates responsive to market conditions must be created. The process of yuan internationalization essentially …

) government bonds, the People's Republic of China (PRC) needs a currency with international status that can match its economic … of the yuan is bound to be a long-drawn process. The PRC's road map for the internationalization of the yuan is flawed … status in the global economy. However, sequencing is important. Before the internationalization of the yuan can make …

China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …

currency is not convertible. In fact, there are good reasons for its notoriety. First of all, it is the currency of an economy … that within only a few years has become the biggest in the world after the United States. Second, China's soaring growth … determining a currency's equilibrium exchange rate - have not been accompanied by a rise in the RMB, so many people think that it …

) government bonds, the People's Republic of China (PRC) needs a currency with international status that can match its economic … of the yuan is bound to be a long-drawn process. The PRC's road map for the internationalization of the yuan is flawed … status in the global economy. However, sequencing is important. Before the internationalization of the yuan can make …

Among emerging market currencies, the RMB holds the most potential to become widely used internationally, due to China …

Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying … further the currency composition of the foreign exchange reserves and other foreign assets of the Chinese government, from USD …

This study examines the role of the Chinese renminbi (RMB) as an international anchor currency. After China abandoned … its tight US dollar (USD) peg in 2005, the RMB found greater popularity as a reserve currency. This change in the RMB …'s role reflected China's growing presence in the global economy, even challenging the USD in some of the 155 countries that …

currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation …Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the …

We investigate the drivers of daily changes in the exchange value of the Chinese currency (CNY) since early 2016, when … of the currency's exchange value. Daily changes in the closing value of the exchange rate have centered on the changes …, when the currency was being managed primarily against the dollar. …