Description
This book breaks new ground in research on the RMB’s offshore market by addressing the myths, hypes and realities surrounding the rise of the Chinese Yuan. It is the first book to address the rise of the Renminbi by focusing on the structural factors behind it and drawing on the global, regional and domestic developments affecting its development. Chi Lo 1. Renminibi Shakes up Global Currencies 2. A Not So Mighty Yuan 3. From Money to RMB-nisation 4. Trade is Not Enough 5. The Next Steps for Internationalisation 6. China Ready for a Globalised RMB? 7. Creeping Reforms Raise Systemic Risk 8. RMB-nisation Needs Offshore Market 9. RMB the Third Major Reserve Currency 10. The Reality Behind RMB-nisation
