Renminbising China's foreign assets

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalNot applicablepeer-review

21 Scopus Citations
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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)1-17
Journal / PublicationPacific Economic Review
Volume16
Issue number1
Publication statusPublished - Feb 2011
Externally publishedYes

Abstract

Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. The present paper discusses the factors shaping the prospects of internationalising the renminbi from the perspective of the currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation and management of the renminbi. © 2011 The Authors. Pacific Economic Review © 2011 Blackwell Publishing Asia Pty Ltd.

Citation Format(s)

Renminbising China's foreign assets. / Cheung, Yin-Wong; Ma, Guonan; McCauley, Robert N.

In: Pacific Economic Review, Vol. 16, No. 1, 02.2011, p. 1-17.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalNot applicablepeer-review