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EXTERNAL ECONOMIC ASPECT OF THE YUAN’S TRANSFORMATION INTO THE WORLD CURRENCY
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EXTERNAL ECONOMIC ASPECT OF THE YUAN’S TRANSFORMATION INTO THE WORLD CURRENCY
Annotation
PII
S0321-50750000617-4-1
Publication type
Article
Status
Published
Authors
Artem Kononov  Arkadiy Binder
Edition
Issue 12
Pages
15-22
Abstract
The article analyzes external economic aspect of the yuan’s transformation into the world currency. Special attention is paid to renminbi’s role in world trade transactions, to clarifying the prospective of renminbi being added to the central banks reserves portfolios, to analyzing the process of local currency swap agreements ratifications, etc. The research indicates the upturn of the Chinese currency’s role in the world economy and global finances.
Keywords
China, foreign exchange policy, internatio- nalization, yuan
Date of publication
01.12.2013
Number of purchasers
1
Views
933
Readers community rating
0.0 (0 votes)
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Additional sources and materials

1. Klinov V. Osobennosti sovremennoj dinamiki mirovogo khozyajstva // Voprosy ehkonomiki. 2010. № 9. S. 82.     
 2. Bulatov A.S. Mirovaya ehkonomika. M., 2007. S. 537.  
 3. The World factbook country comparison - https://www.cia. gov/library/publications/the-world-factbook/ rankorder/2078rank.html 4 International Monetary Fund, World Economic Outlook Database. April 2013 - http://www.imf.org/external/pubs/ft/weo/2013/01/ weodata/WEOApr2013all.xls  
 4. Zhehn'min'van (Internet-tsentr redaktsii gazety «Zhehn'min' zhibao»), 16.02.2013 - http://finance.people.com.cn/n/2013/0216/ c1004-20491738.html  
 5. http://news.xinhuanet.com/english/china/2013-01/27/c_13213 1454.htm

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