This series delves into Chinese currency reform, a crucial and inevitable policy choice of China. With the continuous rise in the status and importance of China in regional and global economies, the impact of Renminbi?the official currency of the People's Republic of China?is growing steadily. Based on recent theoretical frameworks and quantitative analyses, this series explores the relationship between Chinese banking system reform, regionalization and internationalization of Renminbi, as well as the possible cooperation between Renminbi, Yen and other Asian currencies.
Analyzing the measures of regionalization and internationalization of the Renminbi, this study provides new perspectives and suggestions for the internationalization progress of the currencies of developing economic powers.
