Legal Exploration on the Currency Sovereignty of China in the Financial Globalization Environment

The national economic sovereignty is the indivisible part of national sovereignty, and the currency sovereignty comes from economic sovereignty. In international law, sovereignty is the fundamental characters of a nation and means the top power of a nation to separately and independently deal with domestic and foreign affairs. Today when finance has been globalized, the national currency sovereignty is still facing the impact from financial renovation and development of scientific technologies, while the implementation of the currency sovereignty of development nations are especially facing the impact from financially powerful countries. The researches on national currency sovereignty under the background of the hot issue of financial crisis and Renminbi currency are of more realistic meaning. This article is just studying this issue.