China's renminbi internationalization
China has achieved some success in its Renminbi (RMB) internationalization strategy over the last two decades. Recent international sanctions imposed on Russia for its invasion of Ukraine have fueled China’s determination to expedite this strategy in order to protect Chinese national security and ec...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Commentary |
| Language: | English |
| Published: |
2023
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| Online Access: | https://hdl.handle.net/10356/165442 |
| _version_ | 1826113197730430976 |
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| author | Chan, Elgin Yang, Zi |
| author2 | S. Rajaratnam School of International Studies |
| author_facet | S. Rajaratnam School of International Studies Chan, Elgin Yang, Zi |
| author_sort | Chan, Elgin |
| collection | NTU |
| description | China has achieved some success in its Renminbi (RMB) internationalization strategy over the last two decades. Recent international sanctions imposed on Russia for its invasion of Ukraine have fueled China’s determination to expedite this strategy in order to protect Chinese national security and economic interests. While the United States has taken steps to counter China’s RMB internationalization initiatives and to maintain the existing role of the US dollar (USD), a more intensive US-China competition in this arena is anticipated because RMB internationalization is closely linked to China’s strategic priorities. |
| first_indexed | 2024-10-01T03:19:35Z |
| format | Commentary |
| id | ntu-10356/165442 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T03:19:35Z |
| publishDate | 2023 |
| record_format | dspace |
| spelling | ntu-10356/1654422023-04-02T15:44:43Z China's renminbi internationalization Chan, Elgin Yang, Zi S. Rajaratnam School of International Studies Social sciences::Political science Country and Region Studies International Political Economy China has achieved some success in its Renminbi (RMB) internationalization strategy over the last two decades. Recent international sanctions imposed on Russia for its invasion of Ukraine have fueled China’s determination to expedite this strategy in order to protect Chinese national security and economic interests. While the United States has taken steps to counter China’s RMB internationalization initiatives and to maintain the existing role of the US dollar (USD), a more intensive US-China competition in this arena is anticipated because RMB internationalization is closely linked to China’s strategic priorities. Published version 2023-03-27T07:53:56Z 2023-03-27T07:53:56Z 2022 Commentary Chan, E. & Yang, Z. (2022). China's renminbi internationalization. RSIS Commentaries, 135-22. https://hdl.handle.net/10356/165442 en RSIS Commentaries, 135-22 Nanyang Technological University application/pdf |
| spellingShingle | Social sciences::Political science Country and Region Studies International Political Economy Chan, Elgin Yang, Zi China's renminbi internationalization |
| title | China's renminbi internationalization |
| title_full | China's renminbi internationalization |
| title_fullStr | China's renminbi internationalization |
| title_full_unstemmed | China's renminbi internationalization |
| title_short | China's renminbi internationalization |
| title_sort | china s renminbi internationalization |
| topic | Social sciences::Political science Country and Region Studies International Political Economy |
| url | https://hdl.handle.net/10356/165442 |
| work_keys_str_mv | AT chanelgin chinasrenminbiinternationalization AT yangzi chinasrenminbiinternationalization |