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The offshore renminbi : the rise of the Chinese currency and its global future /
The rise of the renminbi and what it means for forex markets. Chinese authorities have ambitious plans to "internationalize" the renminbi, transforming it from a tightly controlled domestic legal tender into a global currency for international trade, held by both private and public sector...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Singapore :
John Wiley & Sons Singapore Pte. Ltd.,
2013.
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Foreword Preface List of Acronyms and Key Terms Chapter 1: The New Global Role for the Renminbi A Long-Standing
- but Failing
- Path Allowing Renminbi Markets to Flourish Political Tailwinds for Internationalisation Challenges and Consolidation Risks The Renminbi in a Multipolar World Chapter 2: Linking the "Offshore" and the "Onshore" Renminbi Markets International Transactions in a Domestic Currency The Starting Point for Renminbi Internationalisation "Investability"; Opportunities and Challenges Timing Convertibility PBoC and Exchange Rate Policy The Advantages of the Offshore Renminbi Chapter 3: The Birth and Evolution of the Offshore Renminbi Market in Hong Kong A Chronological Look at Key Policy Liberalizations More on Renminbi Trade Settlement in the Post-Big Bang Era From Renminbi Trade Settlement to Offshore Renminbi Deposits Chapter 4: New Markets
- New Jargon, New Opportunities The Chinese Yuan in FX Spot A New Diversity of Forward Markets Opportunities in the CNH Markets Tracking Returns in CNH Deposits The Dim Sum Bond Market Matures Chapter 5: Geographical Expansion of the Offshore Renminbi Universe From 'Hong Kong' to Haiwai through Trade Renminbi in London and the 'Hub-And-Spoke' Model Direct Renminbi Cooperation with Mainland China Shanghai's Aspiration and Infrastructure Overhaul Hong Kong Is Still in Pole Position Chapter 6: Drivers for internationalization Public Policy; "Replacing" USD Economics; China's Role in the Global Economy For Investors; Appreciation
- But, More Importantly, Diversification For Corporate; Fairer and More Transparent Pricing For Official Reserve Managers; a New Route to Stability? Chapter 7: The Rise of the Renminbi and its Policy Implications The Renminbi's Rise: a Threat to the Hong Kong Dollar? The Renminbi's Rise: a Regional FX Anchor The Renminbi Rise: the SDR and the IMF The Reminbi's Rise : the US Dollar in a Multipolar World Appendix: The CNH Timeline Bibliography About the Authors Index.