The RMB in the Global Economy
Part of Cambridge Elements in International Economics
- Author: Yin-Wong Cheung, University of California
- Date Published: December 2022
- availability: Available
- format: Paperback
- isbn: 9781009236423
Paperback
Other available formats:
eBook
Looking for an inspection copy?
Please email [email protected] to enquire about an inspection copy of this book
-
This Element discusses the global role of the RMB. After recapitulating its economic and trade growth experiences, we recount China's evolving exchange rate policy in the post-reform era, review the debate over whether the RMB is overvalued or undervalued, present China's policies to globalize the RMB, describe offshore RMB trading, assess the current global status of the RMB, and discuss geopolitical tensions in the last few years. Since 2009, the process of globalizing RMB has not been smooth sailing and progressed quite unevenly over time. Despite the strong performance in the early 2010s, the RMB is under-represented in the global market and its global role does not match China's economic might. The path of RMB internationalization is affected by both China's economic performance and geopolitical factors.
Customer reviews
Not yet reviewed
Be the first to review
Review was not posted due to profanity
×Product details
- Date Published: December 2022
- format: Paperback
- isbn: 9781009236423
- length: 75 pages
- dimensions: 228 x 152 x 5 mm
- weight: 0.14kg
- availability: Available
Table of Contents
1. Introduction
2. Background
3. RMB Misalignment
4. RMB Internationalization
5. Current Status
6. Geopolitics
7. Concluding Remarks
8. Appendix
9. References.
Related Books
Sorry, this resource is locked
Please register or sign in to request access. If you are having problems accessing these resources please email [email protected]
Register Sign in» Proceed
You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.
Continue ×Are you sure you want to delete your account?
This cannot be undone.
Thank you for your feedback which will help us improve our service.
If you requested a response, we will make sure to get back to you shortly.
×