The paper assesses the international status of the Chinese currency renminbi(RMB) by recounting and reviewing the recent polices China instituted topromote the use of the RMB in the global market. The evidence suggests that theRMB is gaining acceptance overseas. However, compared with the size of theChinese economy, the current scale of the use of the RMB is quite small. The pathto a fully fledged international RMB will be a distant goal.
Cookie Settings
eScholarship uses cookies to ensure you have the best experience on our website. You can manage which cookies you want us to use.
Our Privacy Statement includes more details on the cookies we use and how we protect your privacy.
