Support Us Sign In
You don’t have access to this lesson

Please purchase this course, or sign in if you’re already enrolled, to access the course content.

RMB Exchange Rate and Globalization6 episodes / 6 uploaded
Share This Post

RMB Internationalization

241 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

Proposed as early as in 2009, the internationalization of RMB is often mistaken as a consequence of the recent China-US confrontation, when in fact, it was a response to the immense negative impact of the 2008 US financial crisis on China. Prompted to recaliberate its reliance on the US dollar, China is now actively pursuing the path of RMB internationalization, which is crucial albeit challenging.

Course Plan
Related
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.