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The Regionalization of RMB
By The Research Group of the State Council Development Research Center,the DRC 2011-08-26
ISBN: 9787802347007
Publisher: China Development Press
Issued: August 2011
After maintaining sustained economic growth unprecedented in the history of the world, China has become one of the major engines for the global economy. The time for RMB to go global is approaching, but as a traditional developing country in transformation China still has a long way to go to improve its economic structure; market system; and economic, political, military and defense strength.
The book does a thorough analysis of the possible macroscopic and microscopic interests related to RMB regionalization and the potential risks in the process. The present situation and problems of RMB regionalization are also introduced in the book, in addition to requirements, opportunities and obstacles. Based on the problems, the book also puts forward principles, strategies, methods and policies for RMB regionalization.
