Economics, Econometrics and Finance
7 years ago

China's Cross-Border RMB Settlement Boosts Economic Strength and Global Influence.

2 views
DEStech Transactions on Social Science Education and Human Science
Cross-border RMB Settlement Business of Commercial Banks in China
Jia Ping

Paper Summary

The article discusses how the internationalization of China's currency, the RMB, is important for the country's economy and global influence. The focus is on the cross-border RMB settlement business of commercial banks in China. This business is crucial for China's national strength and international standing.

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