Analysis on the Relationship Between the RMB Internationalization and the Capital Account Openness

DOI

10.2991/iaw-sc.2013.69How to use a DOI?

Keywords

RMB Internationalization capital account openness RMB export-import

Abstract

The benign interaction between the Renminbi(RMB) internationalization and the capital account openness is conducive to steadily push forward the RMB internationalization. The paper studies the relationship between the RMB Internationalization and the capital account openness from three aspects of the RMB free exchange, liberalization of capital account transactions and RMB import & export. The conclusions are as follows: the RMB free exchange is not the premise of RMB internationalization, and RMB internationalization doesn’t need to request RMB to be fully convertible currency; the RMB internationalization can be promoted without the liberalization of capital account transactions; the gradual liberalization policy should be taken for the number and channel of the RMB import & export.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Qinglong Zhang
PY  - 2013/10
DA  - 2013/10
TI  - Analysis on the Relationship Between the RMB Internationalization and the Capital Account Openness
BT  - Proceedings of the 2013 International Academic Workshop on Social Science
PB  - Atlantis Press
SP  - 321
EP  - 324
SN  - 1951-6851
UR  - https://doi.org/10.2991/iaw-sc.2013.69
DO  - 10.2991/iaw-sc.2013.69
ID  - Zhang2013/10
ER  -