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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Bibliographic Details
Main Author: John M. Curtis
Format: Article
Language:English
Published: University of Calgary 2016-01-01
Series:The School of Public Policy Publications
Online Access:https://www.policyschool.ca/wp-content/uploads/2016/03/canadian-rmb-trading-centre-curtis.pdf