000			02168nam a2200361 i 4500
001			CR9781009236461
003			UkCbUP
005			20240301142634.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			211221s2022||||enk o ||1 0|eng|d
020			_a9781009236461 (ebook)
020			_z9781009236423 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
043			_aa-cc---
050	0	0	_aHG1285 _b.C46625 2022
082	0	0	_a332.4/951 _223/eng/20220923
100	1		_aCheung, Yin-Wong, _eauthor.
245	1	4	_aThe RMB in the global economy / _cYin-Wong Cheung, University of California.
264		1	_aCambridge : _bCambridge University Press, _c2022.
300			_a1 online resource (70 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
490	0		_aCambridge elements in international economics _x2753-9326
500			_aTitle from publisher's bibliographic system (viewed on 09 Nov 2022).
505	0		_aIntroduction -- Background -- RMB Misalignment -- RMB Internationalization -- Current Status -- Geopolitics -- Concluding Remarks.
520			_aThis Element discusses the global role of the RMB. After recapitulating its economic and trade growth experiences, we recount China's evolving exchange rate policy in the post-reform era, review the debate over whether the RMB is overvalued or undervalued, present China's policies to globalize the RMB, describe offshore RMB trading, assess the current global status of the RMB, and discuss geopolitical tensions in the last few years. Since 2009, the process of globalizing RMB has not been smooth sailing and progressed quite unevenly over time. Despite the strong performance in the early 2010s, the RMB is under-represented in the global market and its global role does not match China's economic might. The path of RMB internationalization is affected by both China's economic performance and geopolitical factors.
650		0	_aRenminbi.
650		0	_aForeign exchange _zChina.
776	0	8	_iPrint version: _z9781009236423
856	4	0	_uhttps://doi.org/10.1017/9781009236461
999			_c8965 _d8965