The RMB in the global economy:
This 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 globa...
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Beteilige Person: | |
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Cambridge
Cambridge University Press
2022
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Schlagwörter: | |
Links: | https://doi.org/10.1017/9781009236461 https://doi.org/10.1017/9781009236461 https://doi.org/10.1017/9781009236461 https://doi.org/10.1017/9781009236461 https://doi.org/10.1017/9781009236461 |
Zusammenfassung: | This 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 |
Beschreibung: | Title from publisher's bibliographic system (viewed on 09 Nov 2022) Introduction -- Background -- RMB Misalignment -- RMB Internationalization -- Current Status -- Geopolitics -- Concluding Remarks |
Umfang: | 1 Online-Ressource (70 Seiten) |
ISBN: | 9781009236461 |
DOI: | 10.1017/9781009236461 |
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Datensatz im Suchindex
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any_adam_object | |
author | Cheung, Yin-Wong ca. 20./21. Jh |
author_GND | (DE-588)128835001 |
author_facet | Cheung, Yin-Wong ca. 20./21. Jh |
author_role | aut |
author_sort | Cheung, Yin-Wong ca. 20./21. Jh |
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dewey-raw | 332.4/951 |
dewey-search | 332.4/951 |
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dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.1017/9781009236461 |
format | Electronic eBook |
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illustrated | Not Illustrated |
indexdate | 2024-12-20T19:51:48Z |
institution | BVB |
isbn | 9781009236461 |
language | English |
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physical | 1 Online-Ressource (70 Seiten) |
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publisher | Cambridge University Press |
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spelling | Cheung, Yin-Wong ca. 20./21. Jh. (DE-588)128835001 aut The RMB in the global economy Yin-Wong Cheung, University of California Cambridge Cambridge University Press 2022 1 Online-Ressource (70 Seiten) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 09 Nov 2022) Introduction -- Background -- RMB Misalignment -- RMB Internationalization -- Current Status -- Geopolitics -- Concluding Remarks This 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 Renminbi Foreign exchange / China Erscheint auch als Druck-Ausgabe 978-1-00-923642-3 https://doi.org/10.1017/9781009236461 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Cheung, Yin-Wong ca. 20./21. Jh The RMB in the global economy Renminbi Foreign exchange / China |
title | The RMB in the global economy |
title_auth | The RMB in the global economy |
title_exact_search | The RMB in the global economy |
title_full | The RMB in the global economy Yin-Wong Cheung, University of California |
title_fullStr | The RMB in the global economy Yin-Wong Cheung, University of California |
title_full_unstemmed | The RMB in the global economy Yin-Wong Cheung, University of California |
title_short | The RMB in the global economy |
title_sort | the rmb in the global economy |
topic | Renminbi Foreign exchange / China |
topic_facet | Renminbi Foreign exchange / China |
url | https://doi.org/10.1017/9781009236461 |
work_keys_str_mv | AT cheungyinwong thermbintheglobaleconomy |