1st Edition

Internationalization of the RMB Currency Strategy in the "Belt and Road" Construction

320 Pages
by Routledge

320 Pages 49 B/W Illustrations
by Routledge

320 Pages 49 B/W Illustrations
by Routledge

Renminbi (RMB) internationalization and the “One Belt One Road” initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of... Read more

List of figures



List of tables



List of contributors



Introduction



Chapter 1 Internationalization Index of the Renminbi



Chapter 2 Current Situation of the Internationalization of RMB



Chapter 3 The Silk Road: From the Past to the Future



Chapter 4 The "Belt and Road" Initiative and RMB’s Internationalization: Reciprocity



Chapter 5 Choice on the Pricing Currency for the "Belt and Road" Traded Products



Chapter 6 RMB in the Infrastructure Finance of the Belt and Road Initiative



Chapter 7 Using Industrial Parks to Promote RMB’s Internationalization



Chapter 8 Supporting RMB’s Internationalization by E-commerce



Chapter 9 Conclusions and Proposals



Appendix 1 Helping Domestic Corporations "Go Out" with Financial Supports under the "Belt and Road" Initiative



Appendix 2 Offshore RMB Deposits, Loans, and Dim Sum Bonds: Review and Prospect



Appendix 3 International Comparison of Tax Policy in the Belt and Road Economies - based on the Five Central Asian Countries along the Silk Road



Appendix 4 Timeline of RMB Internationalization 2014



References



Index

Biography

International Monetary Institute of the RUC (IMI) was established on December 20, 2009. The IMI is a nonprofit academic institution and think tank focusing on research on monetary finance theory, policy, and strategy.