Vol. 2 Regionalization of the Renminbi (Enrich Series on Chinese Currency Reform)

With the continuous rise in the status and importance of China in regional and global economies, the influence of the Renminbi grows proportionately. Currency Reform has become a crucial and inevitable policy choice for China. Based on recent theoretical frameworks and quantitative analyzes, this book explores the necessity, feasibility, specific pathway and measures of regionalization and internationalization of the Renminbi as well as provides new perspectives for the internationalization progress of the currencies of developing economic powers.