Журнал «Современная Наука»

Russian (CIS)English (United Kingdom)
 MOSCOW +7(495)-142-86-81

The main factors influencing the process of internationalization of the Chinese yuan

Han Chao   (postgraduate, Saint Petersburg State University of Economics)

The subject of study of this article is the process of internationalization of the yuan, which are prerequisites for economic globalization, changes in the balance of forces in the contemporary geopolitical arena, regionalization and development of multi-polarization of the world economy, increasing the likelihood of financial and economic crises. Highlighted in the internal and external key factors influencing the internationalization process, led to the conclusion that the desire of the PRC to strengthen as the leader of the geo-economic sphere is supported by flowing trends of the global financial system. The presence of serious potential for the internationalization of the Chinese currency and the possibility of its use as a reserve currency in the international trade and cross-border settlement.

Keywords:international financial system, regional currency, monetary policy, cross-border payments, the swap agreement, the yuan
 

Read the full article …

Citation link:
Han C. The main factors influencing the process of internationalization of the Chinese yuan // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2016. -№09. -С. 58-61
LEGAL INFORMATION:
Reproduction of materials is permitted only for non-commercial purposes with reference to the original publication. Protected by the laws of the Russian Federation. Any violations of the law are prosecuted.
© ООО "Научные технологии"