RAS History & PhilologyAsia and Africa Today

  • ISSN (Print) 0321-5075
  • ISSN (Online)2782-2389

INTERNATIONALISATION OF YUAN CHINESE ASSETS ABROAD

PII
S0321-50750000617-4-1
DOI
10.31857/S50000617-4-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 10
Pages
32-38
Abstract
The article outlines potential scenarios and strategies of yuan internationalisation. The article objectively estimates the prospects of the yuan internationalisation in short term, mid-term and long term. Here the author compares and contrasts the views of Chinese and American economists as to the real value of the yuan. The author also assesses to what extent the yuan underestimation prevents its internationalisation. Moreover, costs and benefits of the yuan internationalisation are considered as well as their impact on the country’s economy. Hypothesis is then expressed in relation to the yuan inclusion into the SDR currency basket. Finally, the article concludes with analysing the specifics of Chinese government’s foreign exchange rate policy in the pre- and post-crisis period.
Keywords
China, yuan internationalisation
Date of publication
01.10.2013
Number of purchasers
1
Views
1058

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