Internationalization of the RMB

Internationalization of the RMB PDF Author: International Monetary Institute
Publisher: Routledge
ISBN: 1317228340
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
As from 2012, the International Monetary Institution (IMI) of the Renmin University of China publishes annual reports on the internationalization of RMB. This series of annual reports create and publish the RMB Internationalization Index (RII). Besides, they focus on one topic in each year's report. This book focuses on the offshore RMB markets. It studies several major international currencies' historical developments to summarize theoretical implications between currency internationalization process and its offshore market development. It reviews the recent development of RMB offshore markets, identifies key opportunities and challenges, and proposes some suggestions to policy makers and market practitioners. The RII will continue to rise as the RMB plays a more and more important role in international trades and financial transactions. The establishment and development of RMB offshore markets will facilitate the internationalization process of the RMB.

Internationalization of the RMB

Internationalization of the RMB PDF Author: International Monetary Institute
Publisher: Routledge
ISBN: 1317228340
Category : Business & Economics
Languages : en
Pages : 251

Get Book Here

Book Description
As from 2012, the International Monetary Institution (IMI) of the Renmin University of China publishes annual reports on the internationalization of RMB. This series of annual reports create and publish the RMB Internationalization Index (RII). Besides, they focus on one topic in each year's report. This book focuses on the offshore RMB markets. It studies several major international currencies' historical developments to summarize theoretical implications between currency internationalization process and its offshore market development. It reviews the recent development of RMB offshore markets, identifies key opportunities and challenges, and proposes some suggestions to policy makers and market practitioners. The RII will continue to rise as the RMB plays a more and more important role in international trades and financial transactions. The establishment and development of RMB offshore markets will facilitate the internationalization process of the RMB.

China's Belt And Road Initiative And Rmb Internationalization

China's Belt And Road Initiative And Rmb Internationalization PDF Author: Gang Meng
Publisher: World Scientific
ISBN: 9813278919
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
The Chinese economy has long been emphasizing globalization. Many factors including domestic currency policies, exchange policies and cross-border capital flow are becoming increasingly complex. Therefore, China is steadily pushing forward RMB internationalization to meet the market requirements emerging from global cooperation that has resulted from the Belt and Road Initiative.In the perspective of currency development, the internationalization of RMB is a general trend and a historical choice. As an important measure of China to fully open up and integrate with international community, the Belt and Road Initiative intends to effectively connect relevant countries, from different areas such as policies, roads, trade, capital and popular support. The financial cooperation based on domestic currencies is an important aspect of the Belt and Road Initiative, and an important means to meet the financial needs of various countries. Financing of Belt and Road Initiative-related projects is clearly helpful for China in adopting more active policies in capital account convertibility and RMB internationalization and to accelerate the process of RMB internationalization.

The Internationlization of the Renminbi

The Internationlization of the Renminbi PDF Author: International Monetary Institute
Publisher: Routledge
ISBN: 1134644442
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
The recent financial crisis, rooted in the United States, has changed the world’s economic and financial structures. The Chinese government has made some arrangements in the post-crisis to ensure stable economic growth in volatile international economic environments and to protect its own interests from unfair international monetary treatments. The internationalization of Renminbi (RMB) is one of China's most important national strategies in the 21st century and is symbolic in the rise of China. This book aims to document the process and the development of the internationalization of Renminbi and to identify the challenges. The book introduces an index of internationalization of Renminbi. It also uses a comprehensive multi-variable index to determine the degree of internationalization of Renminbi. This book helps readers to understand the current status of the reformation on China’s currency system, the process of internationalization of the RMB and the current, intricate political and economic relations.

Internationalization of the RMB

Internationalization of the RMB PDF Author: International Monetary Institute of the RUC
Publisher: Routledge
ISBN: 1351611208
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Renminbi (RMB) internationalization and the “One Belt One Road” initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of the Silk Road. Then it examines the mutual benefit relationship between the two strategies, emphasizing that commodity pricing and account settlement, infrastructure finance, industry development zone construction, and cross-border e-commerce should be the key to RMB internationalization.

Innovation from Emerging Markets

Innovation from Emerging Markets PDF Author: Fernanda Cahen
Publisher: Cambridge University Press
ISBN: 1108800408
Category : Business & Economics
Languages : en
Pages : 411

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Book Description
In recent years, emerging markets have come to represent the largest share of global GDP and have made gains in economic development and political influence. In turn, emerging market companies have taken on a new level of importance in driving innovation, local development and global competition. Advancing an integrative view that captures the diversity of innovation among companies in emerging markets, this book highlights the rapid evolution of emerging markets from imitators to innovation leaders. Building upon research conducted by the Emerging Multinational Research Network (EMRN) in collaboration with several universities in North and South America, Europe and China, this rich and expansive collection includes studies of innovation in regions yet to receive focused analysis in the field. The authors also re-examine dominant theories of innovation and capability creation based on a broad range of case studies and research insights. Offering a taxonomy of emerging market innovations, this collection reveals the unique drivers, types, and outcomes of innovation in emerging markets.

The Chinese Yuan

The Chinese Yuan PDF Author: Peter G. Zhang
Publisher: John Wiley & Sons
ISBN: 0470827408
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
Few topics have attracted as much attention worldwide in recent years as the RMB. These debates have gained added urgency in light of the financial crisis and the topic of RMB revaluation is now being actively debated in countries all over the world from Tunisia to the United States. This book explores the ever-changing role of the RMB and the related derivative products. However, it does so from a view that is heavily influenced by the fallout from the financial crisis as well as the in the context of the increasing maturity of the Chinese capital markets. The author has drawn on his experience as a regulator to provide invaluable views, insights and information on RMB derivative products and the development of this market going forward. Key topics include: Overview of current China economy and its capital market In-depth analysis on the China's banking system and foreign exchange system Extensive analysis of on-shore and off-shore financial products in China Explanation of the needs and reasons for RMB products innovation Insights into the internationalization of the RMB Not only will this book leave its readers with a much clearer idea of the structure of China's capital markets but it also gives insights on the market going forward leveraged through Peter Zhang's many years of experience as both a senior banker and through his integral role in the key regulatory authority of the banking sector, the CBRC.

The Transformation of Huawei

The Transformation of Huawei PDF Author: Xiaobo Wu
Publisher: Cambridge University Press
ISBN: 1108426433
Category : Business & Economics
Languages : en
Pages : 485

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Book Description
Reveals how Huawei has developed the ability to continually transform as a company by developing dynamic capabilities and change-supporting values.

Innovation in Emerging Markets

Innovation in Emerging Markets PDF Author: J. Haar
Publisher: Springer
ISBN: 1137480297
Category : Political Science
Languages : en
Pages : 331

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Book Description
Innovation is sweeping the globe at breakneck speed, and emerging markets are where tremendous growth and opportunity reside. Jerry Haar and Ricardo Ernst delve into the forces and drivers that shape innovation in emerging markets and present case studies, along with a summation of the key features and outlook for innovation over the next decade.

Impacts Of Science And Technology On Currency Internationalization

Impacts Of Science And Technology On Currency Internationalization PDF Author: Peter Guangping Zhang
Publisher: World Scientific
ISBN: 9811254109
Category : Business & Economics
Languages : en
Pages : 715

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Book Description
For decades, science and technology (sci-tech) have influenced world trade, world economy, and international finance. However, their specific impacts are seldom known and related empirical studies are rare. Thus, we must quantify and empirically explore how sci-tech influences such areas as mentioned above. The purpose of this book is to explore how sci-tech influences world trade, foreign exchange, and currency internationalization in various ways through first quantifying science & technology. This book empirically explores how major world currencies might change their relative international positions with continuous innovation and diffusion of sci-tech.Currency internationalization is measured by the percentage share of the average daily turnover of a particular currency in the global foreign exchange market over the corresponding overall daily turnover of the global foreign exchange market over the corresponding overall daily turnover of the global foreign exchange market. Sci-tech as a commodity is borderless, yet its inventors and related businesses are bound by the intellectual property laws of their own countries. Patents, especially international patents, are useful representations of sci-tech. They cannot be compared directly because of different criteria of patent regulators worldwide, and thus the quality of patents varies across patent regulators. Based on patent data from annual IP 5 Statistics Reports and charges for the use of IP of major currency issuers released by the WTO, this book quantifies sci-tech internationalization using weighted patent families first, and proceeds to study how sci-tech internationalization affects currency internationalization.

Hong Kong's Global Financial Centre and China's Development

Hong Kong's Global Financial Centre and China's Development PDF Author: Yan-leung Cheung
Publisher: Routledge
ISBN: 1317284763
Category : Social Science
Languages : en
Pages : 143

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Book Description
This book provides an overview of Hong Kong’s role as an international financial centre, focusing especially on how Hong Kong has contributed significantly, and continues to contribute significantly, to China’s economic development. It considers the importance of Hong Kong’s stock market in raising finance for Chinese companies, explores the potential of Hong Kong as an offshore financial centre, and discusses recent regulatory reforms. It concludes by assessing the prospects for Hong Kong’s continuing success as a global financial centre, and puts forward recommendations for policies which would help secure continuing success.