The renminbi rises : myths, hypes and realities of RMB internationalisation and reforms in the post-crisis world /

Until recently the world has been relying on the US dollar and the Euro to lubricate the flow of global trade and finance. A newcomer, the Renminbi (RMB) or Chinese Yuan, joined the global monetary system in 2000. The rise of the RMB is both an indicator and a result of the evolution in the global m...

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Bibliographic Details
Main Author: Lo, Chi, 1960-
Format: Book
Language:English
Published: New York : Palgrave Macmillan, 2013.
Subjects:
Table of Contents:
  • 1. Renminibi Shakes up Global Currencies
  • 2. A Not So Mighty Yuan
  • 3. From Money to RMB-nisation
  • 4. Trade is Not Enough
  • 5. The Next Steps for Internationalisation
  • 6. China Ready for a Globalised RMB?
  • 7. Creeping Reforms Raise Systemic Risk
  • 8. RMB-nisation Needs Offshore Market
  • 9. RMB the Third Major Reserve Currency
  • 10. The Reality Behind RMB-nisation.