An enlarged printout of a Renminbi banknote is displayed at the Asian Financial Forum in Hong Kong January 14, 2013.(REUTERS/Bobby Yip)
Paper
April 2013, Arthur R. Kroeber
Arthur Kroeber examines the internationalization of the Chinese currency, the Renminbi, and argues that the potential for it to be used as a vehicle for international finance or reserve currency is severely constrained by the Chinese government’s reluctance to fundamentally change its economic growth model.
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