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ADB Distinguished Lecture Renminbi Internationalization: Tempest in a Teapot? Asian Development Review, Vol. 30(1), pp. 148-164
(MIT Press, 2013-03-23)
Internationalization of the renminbi is a stated goal of the Chinese government, its brief flirtation with Special Drawing Rights and an Asian Currency Unit notwithstanding. Chinese officials understand that a dollar-centric international monetary ...