Business, Management and Accounting
8 years ago

Chinese Investors in Africa Face Currency Exchange Risks Amid Reminbi Internationalization

SSRN Electronic Journal
(Looking at Reminbi Internationalization from the Perspective of Currency Exchange Risks Faced by Chinese Investors in Africa)
Zhourui Yu, Terence Tai‐Leung Chong

Paper Summary

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The article discusses the importance of internationalizing the Chinese currency, Renminbi, by looking at the currency exchange risks faced by Chinese investors in Africa. It analyzes how this internationalization is crucial for overseas investments and provides recommendations based on the challenges Chinese companies encounter in Africa.