Research On The Diplomatic Path Of RMB Currency

In the current international monetary system,the political and political benefits of money are obvious to all.The external activities that have been carried out around the internationalization of the national currency and the corresponding political gains and economic benefits,or the use of the national currency in the international monetary system,have been active in the international political arena.China through its own monetary diplomacy efforts,the renminbi finally in October 1,2016 formally incorporated into the International Monetary Fund SDR basket,which is the Chinese currency currency diplomacy and the internationalization of the renminbi to achieve the milestone results.2008 by the US subprime mortgage crisis triggered by the global financial crisis and the subsequent Greek debt crisis triggered by the European debt crisis on the world political economy after the destruction of the aftershocks is still not only on the then international monetary system and the world economy caused a huge impact,But also exposed the current international monetary system governance mechanism with deepseated shortcomings and disadvantages,to promote the international monetary system governance and reform is imperative.China as the world's second largest economy and the largest trading nation,starting from the domestic and international political and economic needs,not only put forward the internationalization of the RMB and "one way" strategy,and began in the international monetary system governance and reform cut a striking figure Own wisdom to actively carry out currency diplomacy.This paper aims to use the theory of international economic politics and economic diplomacy to study China's RMB currency diplomacy.The article structure is divided into four parts,the first part is the introduction part,is to use the existing theory to sort out the concept of currency diplomacy theory,and factors that affect the choice of monetary diplomacy.The second part is through the current foreign currency currency diplomacy refining,and outline the Chinese choice of RMB currency diplomatic path.The third part is through the RMB to join the SDR this specific case of China has gone through the RMB currency diplomatic path for a specific discussion.The fourth part is about China's future efforts to continue to promote the RMB currency diplomacy and will face the challenges to be analyzed.