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RMB Internationalization

open access: yesPolitikon, 2023
The internationalization of the renminbi (RMB) is viewed by some experts as a potential challenge to the US dollar's (USD) hegemonic status in the current global monetary system.
Minglou Li
doaj   +5 more sources

The role of export competitiveness in driving Renminbi cross-border settlement: Micro-level evidence from China. [PDF]

open access: yesPLoS ONE
Cross-border trade settlement in Renminbi (RMB) is a crucial component of China's efforts to internationalize its currency. This study develops micro-level indicators of RMB cross-border settlement to empirically investigate the role of export ...
Danlu Bu, Lin Jiang
doaj   +2 more sources

Extending UTAUT with national identity and fairness to understand user adoption of DCEP in China [PDF]

open access: yesScientific Reports, 2022
The introduction of digital currency electronic payment (DCEP) by the Central Bank of China is conducive to the central bank's timely grasp of macroeconomic dynamics and the internationalization of RMB.
Bingyan Wu   +3 more
doaj   +2 more sources

The Relationship Between RMB Internationalization and Sino-US Trade [PDF]

open access: yesSHS Web of Conferences, 2023
As China is the largest exporting economy, the rapid internationalization of RMB does impact on the trade structures of many countries. As the United States is China’s most significant trading partner, the factors influencing Sino-US trade cannot be ...
Qin Tianbo
doaj   +1 more source

RMB Internationalization Promotes the Transformation Analysis of Import and Export Enterprises [PDF]

open access: yesSHS Web of Conferences, 2023
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the process of RMB internationalization. Later, China has made a series of progress in cross-border trade and investment settlement, RMB offshore market, and ...
Zhang Tianyue
doaj   +1 more source

Status and prospects of HKG offshore market based on RMB internationalization: A non-linear regression model using Granger-causality test [PDF]

open access: yesSHS Web of Conferences, 2023
Over the past eighteen years, Hong Kong has developed the simple deposit business of the local RMB market into the world’s largest offshore RMB hub by virtue of its advantages as an international financial center.
Gao Lihong, Zhang Jing
doaj   +1 more source

China's trilemma: Exchange rate marketization, RMB internationalization, and exchange rate pricing power

open access: yesBorsa Istanbul Review, 2023
We employ a threshold vector error correction model approach to investigate the impact of China's exchange rate marketization reform in August 2015 on the linkage between renminbi (RMB) onshore (CNY) and offshore (CNH) exchange rates and the impact of ...
Panpan Wang   +3 more
doaj   +1 more source

All Politics is Local: The Renminbi's Prospects as a Future Global Currency [PDF]

open access: yes, 2000
. In this article we describe methods for improving the RWTH German speech recognizer used within the VERBMOBIL project. In particular, we present acceleration methods for the search based on both within-word and across-word phoneme models. We also study
A Sixtus   +16 more
core   +6 more sources

Recent Developments and the Causes of Globalization for the Chinese Yuan Based on Statistical Analysis

open access: yesAdvances in Mathematical Physics, 2022
We analyze the spatial evolutionary path and spatial evolutionary features of Renminbi (RMB) internationalization from three aspects: transaction intermediary, invoicing unit, and value storage.
Tao Ma, Dali Wang
doaj   +1 more source

The nexus of BRI and internationalization of renminbi (RMB)

open access: yesCogent Business & Management, 2020
Since 2009, the Chinese government has committed itself to encourage Renminbi (RMB) internationalization. China has introduced various direct steps supporting the RMB internationalization, including the open capital market in Hugangtong, the growth of ...
Bora Ly
doaj   +1 more source

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