RENMINBISING CHINA'S FOREIGN ASSETS

被引:25
|
作者
Cheung, Yin-Wong [1 ,2 ,3 ]
Ma, Guonan
McCauley, Robert N.
机构
[1] Univ Calif Santa Cruz, Dept Econ E2, Santa Cruz, CA 95064 USA
[2] City Univ Hong Kong, Hong Kong, Hong Kong, Peoples R China
[3] Shandong Univ, Jinan, Peoples R China
关键词
EXCHANGE-RATE MODELS; CURRENCY; RATES; FIT;
D O I
10.1111/j.1468-0106.2010.00531.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. The present 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.
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页码:1 / 17
页数:17
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