Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)

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Effects of Fluctuations in the RMB Exchange Rate on Trade Between Belt and Road Initiative Nations

Authors
A. Zheng1, *
1School of Economics, Xiamen University, Xiamen, 361005, China
*Corresponding author. Email: 15220212202288@stu.xmu.edu.cn
Corresponding Author
A. Zheng
Available Online 24 February 2025.
DOI
10.2991/978-94-6463-652-9_8How to use a DOI?
Keywords
RMB Fluctuation; Belt and Road Initiative; Import and Export; Exchange Rate Policy
Abstract

This paper indicates the influence of fluctuations in the Renminbi (RMB) exchange rate on bilateral trade between China and countries involved in the Belt and Road Initiative (BRI). By analyzing the effects of different exchange rate regimes, this study aims to provide insights into how RMB exchange rate volatility influences trade patterns, economic competitiveness, and policy adjustments in BRI countries. This study combines previous studies by scholars with theoretical insights to elucidate how RMB exchange rate changes under various regimes affect trade between China and its BRI partners. Findings reveal that while RMB depreciation generally promotes Chinese exports, the degree of this impact depends on the exchange rate regime and the financial conditions of the partner countries. The paper wraps up with policy suggestions for China and BRI countries to more effectively manage exchange rate risks and enhance trade benefits.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
24 February 2025
ISBN
978-94-6463-652-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-652-9_8How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - A. Zheng
PY  - 2025
DA  - 2025/02/24
TI  - Effects of Fluctuations in the RMB Exchange Rate on Trade Between Belt and Road Initiative Nations
BT  - Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
PB  - Atlantis Press
SP  - 68
EP  - 82
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-652-9_8
DO  - 10.2991/978-94-6463-652-9_8
ID  - Zheng2025
ER  -