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RMB Exchange Rate and Globalization6 episodes / 6 uploaded
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The Role of Government Policy in Shaping Fluctuations of the RMB Exchange Rate

1044 6 episodes / 6 uploaded
One of the most popular academic influencers among Chinese youth, Professor Di dispels popular fallacies about China’s approach to currencies and shares insights on the impact of geopolitics on it.
About the Instructor
Di Dongsheng
Professor of International Relations at Renmin University of China
Distinguished Fellow at the International Monetary Institute, Renmin University of China

Though the US government, along with many liberal economists, has always preached that the value of currencies should be determined solely by the market, few countries refrained from exerting influences on their currencies when national interests requires it since 1971. Moreover, the defense of a country’s currencies is often seen as a test on the government’s capabilities, as evidenced by the history of the RMB over the past 40 years.

Course Plan
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Role of Financial System in the Fall and Rise of China 10th – 21st century Professor Ding Yifan offers a review of China’s financial development specifically highlighting how it is both a result of global competition and a consequential determinant in shaping a country’s overall capabilities.