Results 31 to 40 of about 4,150 (188)
Can Central Bank Digital Currencies Promote the Internationalization of Currencies?
ABSTRACT Using multinational data (2000–2023), this study employed system GMM and fixed‐effects models to examine CBDC's impact on currency internationalization through a framework measuring ‘market acceptance’ and ‘policy drive.’ The results indicated that CBDC advancement significantly promotes currency internationalization.
Haodong Gu
wiley +1 more source
RMB Internationalization: O+L5022nshore/Offshore Links
Among emerging market currencies, the RMB holds the most potential to become widely used internationally, due to China‘s large economic size, diversified trade structure and network, macroeconomic stability, and high growth rates - both current and expected.
Samar Maziad, Joong S Kang
openaire +2 more sources
RMB Undervaluation and Appreciation [PDF]
The bilateral real exchange rate between Chinese renminbi (RMB) and the US dollar is studied. The panel data Penn effect model shows that the RMB was overvalued in 1980–1991 but later undervalued in 1992–2010.
Zhibai, Zhang
core +1 more source
ABSTRACT Although there has been extensive research about the overseas engagement of China's coastal and border local governments, the participation of inland provinces, which lack geographical advantages, remains underexplored. Specifically, what motivates their selection of targeting regions?
Jing Xie
wiley +1 more source
This study examines China's evolving use of sanctions as a foreign policy instrument, with a focus on their symbolic functions and role in international status signaling. Moving beyond conventional perspectives that emphasize coercive aspects of sanctions, the study frames China's sanctions as part of a broader effort by an emerging great power to gain
Soojin Han
wiley +1 more source
China and the Impossible Trinity: Economic Transition and the Internationalization of the Renminbi [PDF]
With the recent formal inclusion of the Renminbi (RMB) into the IMF’s Special Drawing Right (SDR) currency basket, prospects for further internationalization of the RMB are improving.
Guorui Sun, Alex Payette
doaj
Issues and Suggestions on RMB Internationalization
Renminbi (RMB) is the official currency of China, issued and controlled by the People's Bank of China (PBOC). This study analyzes the current problems of RMB internationalization and puts forward suggestions through the status statement of RMB internationalization.
Xiangfu Meng +3 more
openaire +1 more source
Exploring Determinants of Firms’ Participation in the New Offshore Renminbi Debt Securities Market [PDF]
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
core
Why RMB should be more flexible [PDF]
Purpose – This report examines the recent developments and trends relating to the Chinese government’s policy actions and the key issues that determine the choice of exchange rate regime in China.
China Economic Review +4 more
core +1 more source
ABSTRACT This study discusses the relationships between resource dependence, and reputation management (RM) through interviews with university managers regarding the use of social media by Chinese and UK Higher Education Institutions (HEIs). This research enriches existing literature by providing a new and comprehensive understanding of the factors ...
Zhuo Sun +2 more
wiley +1 more source

