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2006•Journal of Xi'an University of Architecture & TechnologyRequires access

Discussion about the Internationalization of RMB

Ning Ding-qin

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Abstract

According to the present situation and the internationalization conditions of RMB,this paper dis-cusses the approach to internationalizing RMB.It points out that the internationalization of RMB should start from regional currency gradually to world currency by adopting the form of regional cooperation of cur-rency and finance.During the course of internationalization of RMB,regional economic base should be highly concerned to ensure control of our country s currency,and to avoid turning exchange rate policy into the“dependency”of financial policy in economic powers.

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What this paper is about

According to the present situation and the internationalization conditions of RMB,this paper dis-cusses the approach to internationalizing RMB.It points out that the internationalization of RMB should start from regional currency gradually to world currency by adopting the form of regional cooperation of cur-rency and finance.During the course of internationalization of RMB,regional economic base should be highly concerned to ensure control of our country s currency,and to avoid turning exchange rate policy into the“dependency”of financial policy in economic powers.

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Available abstract

According to the present situation and the internationalization conditions of RMB,this paper dis-cusses the approach to internationalizing RMB.It points out that the internationalization of RMB should start from regional currency gradually to world currency by adopting the form of regional cooperation of cur-rency and finance.During the course of internationalization of RMB,regional economic base should be highly concerned to ensure control of our country s currency,and to avoid turning exchange rate policy into the“dependency”of financial policy in economic powers.

Key concepts: Renminbi, Internationalization, Currency, Business, International economics, Exchange rate, International trade, Economics

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