Study On The Internationalization Of Chinese RMB

Nowadays, with the rapid developments of the multinational economictrade activity and international financial market, the world economybecome integral and the finance become globalization gradually. In thiscase, along with our country economic power strengthen and open outwarddeepen and international political position raised continuously, amongthe international currency system, Be an our country legal currency ofChinese RMB, should inevitably take in the role that match thecomprehensive the national strength of our country. This paper, the partI foreword mainly carried on a definition to the currencyinternationalization, international currency and etc, and also give abrief introduction of the historical evolvement of the internationalcurrency system. The part II from the inevitable choice of thecomprehensive national strength raises increasingly, adapt the worldeconomy environment of objective demand, our country economic developmentof realistic request, the benefits drives of RMB internationalization andso on, discussed RMB internationalization is necessary. The part IIIreviews the internationalization process of US dollar, the euro, Japaneseyen and so on, analyze the economic, politics foundation of the currencyinternationalization of US dollar, the euro, Japanese yen and etc. Adopta method of use for reference and contrast immediately after, discuss thepossibility of RMB internationalization. The part IV discusses theconditions that are needed for the realization of RMBinternationalization. Lastly, the paper points out that, in considerationof current development, the RMB internationalization will be a long-term,piecemeal and gradual process.