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Friday, June 06, 2014
Chan Kung: RMB Internationalization Should be Pushed Forward by an Entity Superior to Central Bank
ANBOUND

RMB internationalization is an important strategic opportunity for global market. However, it hasn't been given a corresponding position in terms of specific promotion and execution. ANBOUND’s chief researcher Chan Kung suggests that RMB internationalization is a highly systematic work which is beyond the supervision of central bank. Therefore, China’s decision makers should put the RMB internationalization process at a higher place than central bank. Only by so doing, can RMB internationalization be proceeded forward truly and rapidly.

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