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Renminbi's potential to become a global currency

by Friedrich Wu, Rongfang Pan, Di Wang
China and World Economy ()
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This paper is a tentative endeavor to delineate the potential of the renminbi to become a global currency. It first analyzes the critical economic, financial and policy attributes that are required to support a currency to gain an international role. It then examines whether China has the potential to acquire these attributes. The paper concludes by offering some provisional observations on the implications for Asia and the global economy, should the renminbi evolve into a world currency in the coming decades.

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Readership Statistics

18 Readers on Mendeley
by Discipline
44% Social Sciences
39% Economics, Econometrics and Finance
17% Business, Management and Accounting
by Academic Status
33% Student > Ph. D. Student
33% Student > Master
11% Student > Bachelor
by Country
6% Germany
6% Australia
6% Taiwan

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