The Canadian RMB Trading Centre: A Small Step in the Long Road of China’s Peaceful Rise in International Financial Markets
China is on the road to becoming a powerful force in global financial markets; statistics suggest that already some 20 per cent of the world’s trade finance is currently conducted in the country’s currency — the yuan, or renminbi (RMB). That is a twentyfold increase in just five years. Canada has shrew...
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Format: | Article |
Language: | English |
Published: |
University of Calgary
2016-01-01
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Series: | The School of Public Policy Publications |
Online Access: | https://www.policyschool.ca/wp-content/uploads/2016/03/canadian-rmb-trading-centre-curtis.pdf |