The Rmb in the Global Economy

by Yin-Wong Cheung

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...

• Format: Paperback
• Language: English
• ISBN: 1009236423
• ISBN13: 9781009236423
• Release Date: December 2022
• Publisher: Cambridge University Press
• Length: 75 Pages
• Weight: 0.26 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"