For many observers, internationalization is the yuan’s manifest destiny and a by-product of the remarkable economic … deutsche mark (DM), the Japanese yen, and the euro (successor to the DM). Yet in the end, their internationalization reached an … earlier experiences for the anticipated internationalization of the yuan. …

(PRC) and on RMB-denominated bond issuance in Hong Kong, China, but that RMB internationalization is still limited due to …This paper provides an overview of the potential international role of the renminbi (RMB). Reviewing the current state …, the paper finds that much progress has been made on RMB settlements for trade involving the People's Republic of China …

For many observers, internationalization is the yuan's manifest destiny - an irresistible by-product of the remarkable … internationalization reached an upper limit, short of expectations. Will history repeat itself? Or will the yuan prove exceptional, the … drawn from these earlier experiences for the anticipated internationalization of the yuan. Much can be learned from their …

For many observers, internationalization is the yuan's manifest destiny and a by-product of the remarkable economic … deutsche mark (DM), the Japanese yen, and the euro (successor to the DM). Yet in the end, their internationalization reached an … earlier experiences for the anticipated internationalization of the yuan …

shock. -- China ; yuan ; exchange-rate regime ; euro ; dollar … specifically, we analyze whether the internationalization of the yuan could modify the impact of asset supply and trade shocks on … internationalization of the yuan (defined as a rise in the yuan in international portfolios) would be either neutral or stabilizing for the …

specifically, we analyze whether the internationalization of the yuan could modify the impact of asset supply and trade shocks on … internationalization of the yuan (defined as a rise in the yuan in international portfolios) would be either neutral or stabilizing for the … euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the …

the Japanese yen nor the Chinese yuan can challenge the US dollar has enhanced intra-regional exchange rate stability and … growth, stressing the potential of the Chinese yuan to emerge as a regional anchor currency. Yet, it is shown that … insurmountable impediment for the Chinese yuan to gain anchor currency status in East Asia. Empirical estimations provide evidence in …

Since the formal launch of the renminbi trade settlement scheme in 2009, renminbi internationalization has made … impressive inroads. The progress in renminbi trade settlement is especially impressive. However, Hong Kong, China's offshore … renminbi deposits failed to make significant progress as expected. The question of how far renminbi internationalization can go …

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. …