Arbeitspapier
Renminbising China's foreign assets
Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. This paper discusses the factors shaping the prospects of internationalising the renminbi from the perspective of the currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation and management of the renminbi.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 3009
- Classification
-
Wirtschaft
International Finance: General
Foreign Exchange
International Monetary Arrangements and Institutions
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
- Subject
-
renminbi internationalisation
net international asset position
convertibility
exchange rate uncertainty
dollar peg
Konvertibilität
Währungsreserven
Auslandsvermögen
Wechselkurs
US-Dollar
China
- Event
-
Geistige Schöpfung
- (who)
-
Cheung, Yin-Wong
Ma, Guonan
McCauley, Robert N.
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Cheung, Yin-Wong
- Ma, Guonan
- McCauley, Robert N.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2010
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