Study On East Asia Currency Cooperation And RMB Regionalization Problem

It becomes a inevitable choice to strengthen region currency cooperation to withstand outer impingement in background of finance globalization and finance turbulence. East Asia finance crisis startup East Asia currency cooperation. In the far future, establish union currency is the final aim of East Asia currency cooperation by thought of region currency cooperation. But various indexes have some gap according to OCA theory among East Asia districts. For this reason, achieve East Asia currency region should step by step, in other words, first found sub-region currency region, then transit to union currency region. Form the view of economic development tide and related indexs about erect sub-region currency region of East Asia nations, the possibility and feasibility is increasing. Therefore status of China and RMB will be heighten greatly in East nations. It not only help to China become core nation in East Asia currency cooperation and become key currency but promote process of RMB regionalization on this base. China should active push RMB regionalization in East Asia currency cooperation that compound to the future benefit of East Asia currency cooperation and China.