New Opportunities Emerging for RMB Internationalization  

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作  者:XU GANG 

机构地区:[1]Institute of World Economic Studies,China Institutes of Contemporary International Relations.

出  处:《China Today》2021年第4期44-46,共3页今日中国(英文版)

摘  要:THE onset of a global economic recession due to the COVID-19 pandemic and growing tensions between China and the U.S.in 2020 has fueled a spirit of pessimism around the world.The process of RMB internationalization nevertheless bucks the trend and is gaining momentum,which is undoubtedly heartening news in a generally gloomy time.According to the RMB Internationalization Report 2019-2020 released by the China Banking Association,the volume of RMB cross-border settlements maintained strong growth despite the impact of the pandemic,increasing by 24.1 percent for 2019 and 36.3 percent in the first half of 2020.RMB is now the world’s fifth most used reserve currency,fifth preferred payment currency,and eighth foreign exchange currency.

关 键 词:RMB maintained DOUBT 

分 类 号:F832.6[经济管理—金融学]

 

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