The Research Of RMB Internationalization Path And Risk Prevention Countermeasure

With the deepening of market and globalization, China has the large proportion of population, economy and market in the world, and the internationalization of RMB is imperative. The issues of RMB internationalization path, its risk and risk prevention are worth researching.The paper does some research based on RMB internationalization and the related summary. Firstly, the paper analyzes the benefits, costs and risks of RMB internationalization, based on the basic theory of monetary internationalization. Secondly, based on the real data and evidence, the current situation, condition and difficulty of RMB internationalization are analyzed. Thirdly, refer to the paths and experience of the main currency internationalization, then analyzes and compares two paths of RMB internationalization, Regionalization and Double track system, and their benefits and risks, and conclude that "the combination of Regionalization and Double track system" is a suitable path for China. Fourthly, the paper analyzes the "Shanghai Free Trade Zone", "Shanghai-Hong Kong Stock Connect" and "One Belt One Road", to further prove that "the combination of Regionalization and Double track system" as the path of RMB internalization is practical and feasible. Finally, based on the above researches, offer some countermeasure proposals for the risk prevention of RMB internationalization.