Business, Management and Accounting
8 years ago

RMB's Internationalization on the Horizon as China's Economy Strengthens.

Huadong jingji guanli
Analysis on RMB's Internationalization Conditions
Min Juan

Paper Summary

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The article analyzes the conditions for the internationalization of China's currency, the RMB. It looks at politics, the economy, and the government's stance on the issue. The conclusion is that the RMB will become an international currency soon if China continues to grow as it has been, even though the necessary conditions are not fully met yet.