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RMB Internationalization: Onshore/Offshore Links

Samar Maziad, Joong Shik Kang

RMB Internationalization: Onshore/Offshore Links

Among emerging market currencies, the RMB holds the most potential to become widely used internationally, due to China‘s large economic size, diversified trade structure and network, macroeconomic stability, and high growth rates - both current and expected. Yet, foreign access to RMB-denominated...