The Asian Infrastructure Investment Bank, the New Development Bank and the Internationalisation of the Renminbi (RMB) – The New International Financial Institutions as Part of the Chinese Strategy to Build Up an International Reserve Currency [PDF]
Contemporary Chinese Political Economy and Strategic Relations: An International Journal, 2018 China’s economic rise is being followed by an increasingly assertive foreign policy, which is marked by criticism of the current international financial system and attempts to change it. Beijing’s leading role in the launch of two international financial
Rafael Ramos Codeço
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The Influence of the Depreciation of China's Domestic Currency on Trade Relations with the EU [PDF]
Ovidius University Annals: Economic Sciences Series, 2019 Despite the fact that EU-China cooperation relations have enjoyed undeniable success, issues that affect the harmonious development of these relationships have not been delayed.
Loredana Jitaru +1 more
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Why "fixing" China's currency is no quick fix [PDF]
Even if China does revalue its currency, jobs aren’t likely to come flooding back to the United States. Much of what China exports to the U.S.
Brett W. Fawley, Luciana Juvenal
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EXCHANGE-RATES FORECASTING: EXPONENTIAL SMOOTHING TECHNIQUES AND ARIMA MODELS [PDF]
Annals of the University of Oradea: Economic Science, 2011 Exchange rates forecasting is, and has been a challenging task in finance. Statistical and econometrical models are widely used in analysis and forecasting of foreign exchange rates.
Dezsi Eva, Fat Codruta Maria
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Fear of Appreciation in East and Southeast Asia: The Role of the Chinese Renminbi [PDF]
The study brings into light the evidence of a fundamental role of the Chinese renminbi in shaping the exchange rate behaviour of other major Asian currencies. The results obtained suggest that there is an additional dimension to the ‘fear of appreciation’
Reza Y. Siregar, Victor Pontines
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Exploring Determinants of Firms’ Participation in the New Offshore Renminbi Debt Securities Market [PDF]
, 2015 Once in a while a major financial innovation creates a new product that changes the landscape for firms that adopt it. For example, junk bonds enabled leveraged buyouts, securitization stimulated off balance sheet growth in banks, and CDS offered pure ...
Mizen, Paul, Tsoukas, Serafeim
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The sustainability of China's exchange rate policy and capital account liberalisation. [PDF]
This paper deals with two related issues: the sustainability of China’s exchange rate regime and the opening up of its capital account. The exchange rate discussion deliberately passes over the issue of the “equilibrium” value of the renminbi and its ...
Gianluigi Ferrucci, Lorenzo Cappiello
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The Impacts of Renminbi Appreciation on Trades Flows and Reserve Accumulation in a Monetary Trade Model [PDF]
Given the rapidly growing reserves in Asia (China, Japan, Korea, Taiwan) and the pressures from trading partners to revalue, there is a need to examine commercial policy in more than a pure barter model.
John Whalley, Li Wang
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Renminbising China's Foreign Assets [PDF]
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.
Guonan Ma +2 more
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Volatility dependence across Asia-Pacific on-shore and off-shore U.S. dollar futures markets [PDF]
This paper estimates switching autoregressive conditional heteroscedasticity (SWARCH) time series models for weekly returns of nine Asian forward exchange rates.
Colavecchio , Roberta, Funke, Michael
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