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Chinn, M. and Frankel, J. (2005) Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency. NBER Working Paper 11510, Cambridge.

has been cited by the following article:

• TITLE: Path Selection of Renminbi (RMB) Internationalization under “The Belt and Road” (B & R) Initiative

  AUTHORS: Siqi Xia

  KEYWORDS: “The Belt and Road” Initiative, RMB Regionalization, RMB Internationalization

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.8 No.3, March 27, 2018

  ABSTRACT: The continuous improvement of international status, financial marketization and openness, and the deepening of regional cooperation have greatly promoted RMB internationalization. This paper analyzes the current situation and impact of RMB internationalization, and then basing on the new factors including the economic mechanism, investment and trade factors, the exchange rate system and the historical inertia of the currency, it explores a new path selection from regionalization to internationalization. Finally, some suggestions suitable for China’s national conditions under the Belt and Road initiative are put forward, such as speeding up the construction of domestic financial markets and international financial centers, strengthening trade with neighboring countries, making effective use of the AIIB platform and establishing a worldwide banking system.