Description
Internationalization of the RMB
Establishment and Development of RMB Offshore Markets
China Perspectives Series
Author: International Monetary Institute
Language: EnglishSubjects for Internationalization of the RMB:
Keywords
renminbi; currency off-shore markets; currency internationalization; RMB Offshore; RMB Offshore Market; RMB Internationalization; Offshore Financial Markets; Offshore Market; Offshore Financial Center; Offshore Financial; Offshore RMB Business; Suzhou Industrial Park; RMB Bond; RMB Settlement; RMB Business; Offshore RMB Bond; Cross-border RMB Trade Settlement; International Offshore Financial Center; Dim Sum Bond; Offshore RMB Center; RMB Deposit; Cross-border RMB; Onshore Market; RMB Market; Offshore Bank Business; Offshore Business; RMB Exchange Rate; China Construction Bank
33.94 €
In Print (Delivery period: 14 days).
Add to cart the book of International Monetary InstitutePublication date: 04-2020
· 15.6x23.4 cm · Paperback
135.96 €
In Print (Delivery period: 14 days).
Add to cart the book of International Monetary InstitutePublication date: 06-2016
· 15.6x23.4 cm · Hardback
Description
/li>Contents
/li>Readership
/li>Biography
/li>
As from 2012, the International Monetary Institution (IMI) of the Renmin University of China publishes annual reports on the internationalization of RMB. This series of annual reports create and publish the RMB Internationalization Index (RII). Besides, they focus on one topic in each year's report. This book focuses on the offshore RMB markets. It studies several major international currencies' historical developments to summarize theoretical implications between currency internationalization process and its offshore market development. It reviews the recent development of RMB offshore markets, identifies key opportunities and challenges, and proposes some suggestions to policy makers and market practitioners. The RII will continue to rise as the RMB plays a more and more important role in international trades and financial transactions. The establishment and development of RMB offshore markets will facilitate the internationalization process of the RMB.
1.Renminbi Internationalization Index 2. Current Situation of the Internationalization of Renminbi; 3. Public Opinions and Observations; 4. Currency Internationalization and Offshore Market: Historical Implication; 5. Current Situation and the Future of Offshore RMB Market; 6. Challenges to Building the Offshore RMB Market; 7. Conclusions and Suggestions;Appendix 1 Taxation Comparison of Offshore Financial Centers;Appendix 2: Chronicle of Events of RMB Internationalization;Postscript
Established on December 20, 2009, International Monetary Institute (IMI) is a non-profit academic institution and think tank focusing on monetary finance theory, policy and strategy research.