@techreport{Chen2011Renminbi,
abstract = {The paper assesses the international status of the Chinese currency renminbi (RMB) by recounting and reviewing the recent polices China instituted to promote the use of the RMB in the global market. The evidence suggests that the RMB is gaining acceptance overseas. However, compared with the size of the Chinese economy, the current scale of the use of the RMB is quite small. The path to a fully fledged international RMB will be a distant goal.},
address = {Santa Cruz, Calif.},
author = {Xiaoli Chen and Yin-Wong Cheung},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F02; F31; F33; 330; RMB Internationalization; Off-Shore RMB Market; Cross-Border Trade Settlement; Panda Bonds; Renminbi; Internationaler Zahlungsverkehr; Reservew\"{a}hrung; \"{O}ffentliche Anleihe; China},
language = {eng},
number = {677},
publisher = {Univ. of California at Santa Cruz, Dep. of Economics},
title = {Renminbi going global},
type = {Working Papers, UC Santa Cruz Economics Department},
url = {http://hdl.handle.net/10419/64541},
year = {2011}
}
