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Publisher Description

The Chinese economy has long been emphasizing globalization. Many factors including domestic currency policies, exchange policies and cross-border capital flow are becoming increasingly complex. Therefore, China is steadily pushing forward RMB internationalization to meet the market requirements emerging from global cooperation that has resulted from the Belt and Road Initiative.

In the perspective of currency development, the internationalization of RMB is a general trend and a historical choice. As an important measure of China to fully open up and integrate with international community, the Belt and Road Initiative intends to effectively connect relevant countries, from different areas such as policies, roads, trade, capital and popular support. The financial cooperation based on domestic currencies is an important aspect of the Belt and Road Initiative, and an important means to meet the financial needs of various countries. Financing of Belt and Road Initiative-related projects is clearly helpful for China in adopting more active policies in capital account convertibility and RMB internationalization and to accelerate the process of RMB internationalization.
Contents: IntroductionTheoretical Foundation of RMB InternationalizationCoordination between Belt and Road Initiative and RMB InternationalizationInternationalization Experience of Several Major CurrenciesBelt and Road Initiative and Financial InnovationSelection of Capital Account Opening PathwaysOverseas RMB Offshore Financial MarketsPetroleum RMB and RMB InternationalizationGreen Finance and RMB InternationalizationOverseas RMB Funds in FranceRMB Internationalization in Arab League CountriesRMB Internationalization in RussiaRMB Internationalization by BanksBreakthrough of RMB Internationalization in EgyptConclusion: Policy Suggestions
Readership: Academics, professionals, policy-makers and students interested in China's Belt and Road Initiative and China's relations with neighboring areas.China's Belt and Road Initiative;RMB Internationalization;RMB Offshore Financial Markets;Green Finance;Inclusive Finance00

Business & Personal Finance
30 October
World Scientific Publishing Company
Ingram DV LLC

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