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Product cover image for The Globalization of the Renminbi: Feeling the Stones on the River Bed

The Globalization of the Renminbi: Feeling the Stones on the River Bed

Zhang, Hong;Gourang, Shah;Yang, Anne

Product #:IN-S674
Supplier:INSEAD
Discipline:Finance
Setting:South America
Details:Case (PDF) • 15 pages • 2014-06-23

Subjects:

CurrencyInternationalizationGlobalizationEconomic development

Geography:

South America
Your Price:$9.71

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China represents a significant share of global foreign direct investment but its currency comprises a mere 1.5% of all global foreign exchange transactions. This case describes the measures introduced by the Chinese government to promote the use of the renminbi (RMB) in cross-border trade, financing and other internationalization initiatives, as well as the associated challenges.

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Case Study: The Globalization of the Renminbi: Feeling the Stones on the River Bed (English version) | Ivey Publishing