| Internationalization of the RMB: Currency Strategy in the "Belt and Road" Construction Contributor(s): International Monetary Institute of the (Author) |
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ISBN: 113809000X ISBN-13: 9781138090002 Publisher: Routledge OUR PRICE: $161.50 Product Type: Hardcover - Other Formats Published: March 2019 |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - Financial Engineering - Business & Economics | Money & Monetary Policy - Business & Economics | Foreign Exchange |
| Dewey: 332.450 |
| LCCN: 2019286080 |
| Series: China Perspectives |
| Physical Information: 0.75" H x 6.14" W x 9.21" (1.38 lbs) 308 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Renminbi (RMB) internationalization and the "One Belt One Road" initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of the Silk Road. Then it examines the mutual benefit relationship between the two strategies, emphasizing that commodity pricing and account settlement, infrastructure finance, industry development zone construction, and cross-border e-commerce should be the key to RMB internationalization. |
