TY - JOUR
T1 - Renminbising China's foreign assets
AU - Cheung, Yin-Wong
AU - Ma, Guonan
AU - McCauley, Robert N.
PY - 2011/2
Y1 - 2011/2
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=78049528175&partnerID=8YFLogxK
UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-78049528175&origin=recordpage
U2 - 10.1111/j.1468-0106.2010.00531.x
DO - 10.1111/j.1468-0106.2010.00531.x
M3 - RGC 21 - Publication in refereed journal
SN - 1361-374X
VL - 16
SP - 1
EP - 17
JO - Pacific Economic Review
JF - Pacific Economic Review
IS - 1
ER -
