A Brookings Institution Press and Asian Development Bank Institute publication Meet the next global currency: the Chinese renminbi, or the "redback." Following
Although the internationalization of the Chinese renminbi is an important international political event, most of the studies of it place their analytical focuse
China's currency, the renminbi, has taken the world by storm. This book documents the renminbi's impressive rise to global prominence in a short period but also
This is the first book to collect academic studies examining issues related to the potential internationalization of the Renminbi. It considers policy implicati
Renminbi (RMB) internationalization and the “One Belt One Road” initiative are two important development strategies launched by China. From the perspectives