Impact of Digital RMB on RMB Internationalization
Authors
Zihan Zhao1, *
1Department of Finance, Tianjin Foreign Studies University, Binhai New Area, Tianjin, China
*Corresponding author.
Email: kaixinguoleyuan1@126.com
Corresponding Author
Zihan Zhao
Available Online 31 December 2022.
- DOI
- 10.2991/978-94-6463-036-7_123How to use a DOI?
- Keywords
- Digital RMB; RMB internationalization; International trade
- ABSTRACT
Digital currencies, led by the digital renminbi, as an important representative of sovereign digital currencies of major countries, have played an important role in many scenarios and have had a profound impact on the internationalization of the renminbi. Through its multiple advantages in international trade scenarios, the digital renminbi has shaped a more open, inclusive, and robust market, which in turn has positively influenced the internationalization of the renminbi and contributed to its internationalization.
- Copyright
- © 2022 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
TY - CONF AU - Zihan Zhao PY - 2022 DA - 2022/12/31 TI - Impact of Digital RMB on RMB Internationalization BT - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PB - Atlantis Press SP - 837 EP - 841 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-036-7_123 DO - 10.2991/978-94-6463-036-7_123 ID - Zhao2022 ER -