Renminbi internationalisation: China's central bank digital currency
China’s ambition to internationalise the renminbi (RMB), to reduce its reliance on the US dollar (USD), and to wean itself off the US-led international monetary system, can be bolstered by the deployment of its digital currency. While its Central Bank Digital Currency (CBDC) initiative is still in i...
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| Format: | Commentary |
| Language: | English |
| Published: |
2023
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| Online Access: | https://hdl.handle.net/10356/165508 |
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| Institution: | Nanyang Technological University |
| Language: | English |