The Renminbi Zone. Michael Vatikiotis and Bertil Lintner.
by Vatikiotis, Michael; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2004Article 32Business. Publisher: Far Eastern Economic Review, 2003ISSN: 1522-3191;.Subject(s): China -- Economic conditions | China -- Economic policy | China -- Economic relations -- Asia | China and Hong Kong | Money -- China | Money -- International aspects | Tourism -- ChinaDDC classification: 050 Summary: "Something surprising is happening to China's currency. Although not fully convertible, the renminbi, the 'people's money,' is growing in use as a hard currency outside China--the first sign of its potential role as 'Asia's money.'" (FAR EASTERN ECONOMIC REVIEW) This article discusses how "the rise of the renminbi is a quiet result of the rapid growth of China's economy, and a conscious effort by the government in the past few years to deepen trade ties with the rest of Asia."Item type | Current location | Call number | Status | Date due |
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REF SIRS 2004 Business Article 3 The Weakest Link. | REF SIRS 2004 Business Article 30 Who's Looking Out for Postal Customers?. | REF SIRS 2004 Business Article 31 Rethinking America's Safety Net. | REF SIRS 2004 Business Article 32 The Renminbi Zone. | REF SIRS 2004 Business Article 33 House of Cards. | REF SIRS 2004 Business Article 34 Closing Bell for the NYSE?. | REF SIRS 2004 Business Article 34 Glasnost Puts Grasso Under Burning-Hot Spotlight. |
Articles Contained in SIRS Enduring Issues 2004.
Originally Published: The Renminbi Zone, May 29, 2003; pp. 24-28.
"Something surprising is happening to China's currency. Although not fully convertible, the renminbi, the 'people's money,' is growing in use as a hard currency outside China--the first sign of its potential role as 'Asia's money.'" (FAR EASTERN ECONOMIC REVIEW) This article discusses how "the rise of the renminbi is a quiet result of the rapid growth of China's economy, and a conscious effort by the government in the past few years to deepen trade ties with the rest of Asia."
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