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Keyword:foreign exchange

rmb-internationalization
Economics / International Image

Will China’s Push to Internationalize the Renminbi Succeed?

There are nearly as many currencies in use around the world as there are countries, but only a handful of currencies are widely used outside of their home economies. While China has found some initial success at internationalizing the renminbi, it faces an uphill battle in shaking up the global currency hierarchy.

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Center for Strategic & International Studies

ChinaPower provides an in-depth understanding of the evolving nature of Chinese power relative to other countries. The project examines five interrelated categories of Chinese power: military, economics, technology, social, and international image. Through objective analysis and data visualization, ChinaPower unpacks the complexity of China’s rise.

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