Tag "RMB"
The Opportunities of China’s “One Belt One Road”
China is stepping up efforts to establish two transcontinental New Silk Roads that connect Asia, Europe, and Africa in trade, development, and culture. While promising economic gains, this new framework
China’s monetary and exchange rate problems increase with reform
The recent cuts in Chinese interest rates underline the economic headaches that China is facing. Between long-term reforms and short-term weakening, there appears to be no easy solution for China’s monetary policy.
Can the Renminbi become an international currency?
Guest blogger Frederik Vitting Hermann looks at the more widespread use of China’s currency around the globe. Conditions in the domestic market and the Chinese incremental reform style of monetary
China’s central bank stands alone against inflation
Renminbi internationalization may work against the Chinese central bank’s effort to tighten liquidity and curb rising inflation. Commercial banks will also have bigger leverage over the central bank as more
