As one of the world's leading economies and largest trading nations,
China has been actively promoting the RMB internationalization since
reform and opening up. This paper reviews the stages of RMB's free
exchange, trade settlement, and the opening of...
As one of the world's leading economies and largest trading nations,
China has been actively promoting the RMB internationalization since
reform and opening up. This paper reviews the stages of RMB's free
exchange, trade settlement, and the opening of the RMB investment
products in the past thirty years, and concludes the historical significance
of the period. Combined with the current situation of China's entry into
the new financial opening pattern, the trend and main approaches of RMB
internationalization in the future are summarized.