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RMB Exchange Rate and Globalization6 episodes / 6 uploaded
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RMB Internationalization

122 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.