The Offshore renminbi
Minikin, Robert
The Offshore renminbi the rise of the Chinese currency and its global future / [electronic resource] : Robert Minikin and Kelvin Lau - New York : Wiley, 2013 - 1 online resource
The rise of the renminbi and what it means for forex markets. Chinese authorities have ambitious plans to "internationalize" the renminbi, transforming it from a tightly controlled domestic legal tender into a global currency for international trade, held by both private and public sector asset managers. This book examines this impending currency revolution, outlining why the emergence of China as a major economic power will likely soon be matched by a transformation of the renminbi's role in the global financial system. It explains how new markets for "offshore" renminbi are developing outside mainland China since the country is not yet ready to fully open up its economy to international capital flows, and the regulations that govern them.
9781118339251
Monetary policy--China
Renminbi
Currency question--China
332.4951 / MIN
The Offshore renminbi the rise of the Chinese currency and its global future / [electronic resource] : Robert Minikin and Kelvin Lau - New York : Wiley, 2013 - 1 online resource
The rise of the renminbi and what it means for forex markets. Chinese authorities have ambitious plans to "internationalize" the renminbi, transforming it from a tightly controlled domestic legal tender into a global currency for international trade, held by both private and public sector asset managers. This book examines this impending currency revolution, outlining why the emergence of China as a major economic power will likely soon be matched by a transformation of the renminbi's role in the global financial system. It explains how new markets for "offshore" renminbi are developing outside mainland China since the country is not yet ready to fully open up its economy to international capital flows, and the regulations that govern them.
9781118339251
Monetary policy--China
Renminbi
Currency question--China
332.4951 / MIN