Currency Strategy in the Belt and Road Construction

Currency Strategy in the Belt and Road Construction PDF Author: International Monetary Institute of the RUC (Renmin University of China)
Publisher:
ISBN: 9781138090002
Category : Banks and banking, International
Languages : en
Pages : 0

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Book Description
Renminbi (RMB) internationalization and the "One Belt One Road" initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of the Silk Road. Then it examines the mutual benefit relationship between the two strategies, emphasizing that commodity pricing and account settlement, infrastructure finance, industry development zone construction, and cross-border e-commerce should be the key to RMB internationalization.

Currency Strategy in the Belt and Road Construction

Currency Strategy in the Belt and Road Construction PDF Author: International Monetary Institute of the RUC (Renmin University of China)
Publisher:
ISBN: 9781138090002
Category : Banks and banking, International
Languages : en
Pages : 0

Get Book

Book Description
Renminbi (RMB) internationalization and the "One Belt One Road" initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of the Silk Road. Then it examines the mutual benefit relationship between the two strategies, emphasizing that commodity pricing and account settlement, infrastructure finance, industry development zone construction, and cross-border e-commerce should be the key to RMB internationalization.

Internationalization of the RMB

Internationalization of the RMB PDF Author: International Monetary Institute of the RUC
Publisher: Routledge
ISBN: 1351611208
Category : Business & Economics
Languages : en
Pages : 285

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Book Description
Renminbi (RMB) internationalization and the “One Belt One Road” initiative are two important development strategies launched by China. From the perspectives of theoretical exploration, historical experience, and empirical research, this book discusses how the two strategies interact with each other. To start with, it introduces the current situation of RMB internationalization and the history of the Silk Road. Then it examines the mutual benefit relationship between the two strategies, emphasizing that commodity pricing and account settlement, infrastructure finance, industry development zone construction, and cross-border e-commerce should be the key to RMB internationalization.

China's Belt and Road: A Game Changer?

China's Belt and Road: A Game Changer? PDF Author: Alessia Amighini (a cura di)
Publisher: Edizioni Epoké
ISBN: 8899647631
Category : Political Science
Languages : en
Pages : 150

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Book Description
Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitment to ease bottlenecks to Eurasian trade by improving and building networks of connectivity across Central and Western Asia, where the BRI aims to act as a bond for the projects of regional cooperation and integration already in progress in Southern Asia. But it also reaches out to the Middle East as well as East and North Africa, a truly strategic area where the Belt joins the Road. Europe, the end-point of the New Silk Roads, both by land and by sea, is the ultimate geographic destination and political partner in the BRI. This report provides an in-depth analysis of the BRI, its logic, rationale and implications for international economic and political relations.

China and International Norms

China and International Norms PDF Author: Mario Esteban
Publisher: Taylor & Francis
ISBN: 1000919250
Category : Political Science
Languages : en
Pages : 184

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Book Description
This book explores the relationship between China and international norms through the lens of The Belt and Road Initiative (BRI). Presenting seven case studies, this book highlights China’s stances toward international norms that govern different international issues. The case studies reveal that the normative function of the networks built under the BRI is limited and contains noticeable variations between domestic norms and international ones in China, resulting in implementation gaps between rhetoric and deeds. Unlike current literature on this issue, which is scattered in terms of topics covered and methodology used, it constructs a holistic theoretical/methodological framework which can be utilized to study a State’s position toward different international standards. In light of China’s increasing international influence and proactive and assertive foreign policy, this study will be of interest to officials and practitioners involved in foreign policy and international cooperation, and to student and scholars of global development and international relations.

China's Belt and Road

China's Belt and Road PDF Author: Jennifer Hillman
Publisher: Council on Foreign Relations Press
ISBN: 9780876098004
Category :
Languages : en
Pages : 190

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Book Description
China's massive, globe-spanning Belt and Road Initiative (BRI) seeks to build everything from railways, ports, and power plants to telecommunications infrastructure and fiber-optic cables. Chinese President Xi Jinping's signature foreign policy endeavor, BRI has the potential to meet developing countries' needs and spur economic growth, but its implementation creates risks that outweigh its benefits. Unless the United States offers an effective alternative, China could reorient global trade networks, set technical standards that would disadvantage non-Chinese companies, lock countries into carbon-intensive power generation, increase its political influence over countries, and acquire power projection capabilities for its military. The COVID-19 pandemic has made a U.S. response more urgent as the global economic contraction has accelerated the reckoning with BRI-related debt. China's Belt and Road: Implications for the United States proposes that the United States respond to BRI by putting forward an affirmative agenda of its own, drawing on its strengths and coordinating with allies and partners to promote sustainable, secure, and green development.

One Currency, Two Markets

One Currency, Two Markets PDF Author: Edwin L.-C. Lai
Publisher: Cambridge University Press
ISBN: 1108491685
Category : Business & Economics
Languages : en
Pages : 347

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Book Description
Economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB.

Rethinking China, the Middle East and Asia in a 'Multiplex World'

Rethinking China, the Middle East and Asia in a 'Multiplex World' PDF Author: Mojtaba Mahdavi
Publisher: BRILL
ISBN: 9004510001
Category : Political Science
Languages : en
Pages : 281

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Book Description
The contemporary Sino-MENA-Asia relations and the Belt and Road Initiative are in the making in an emerging 'multiplex world'. This edited volume includes new researches in fifteen chapters, examining China’s complex relations with Iran, Turkey, Egypt, GCC, Pakistan, central and south Asia.

China's Eurasian Century?

China's Eurasian Century? PDF Author: Nadáege Rolland
Publisher:
ISBN: 9781939131515
Category : China
Languages : en
Pages : 195

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Book Description
China's Belt and Road Initiative has become the organizing foreign policy concept of the Xi Jinping era. The 21st-century version of the Silk Road will take shape around a vast network of transportation, energy, and telecommunication infrastructure linking Europe and Africa to Asia. Drawing from the work of Chinese official and analytic communities, China's Eurasian Century? Political and Strategic Implications of the Belt and Road Initiative examines the concept's origins, drivers, and various component parts, as well as China's domestic and international objectives. Nadáege Rolland shows how the Belt and Road Initiative reflects Beijing's desire to shape Eurasia according to its own worldview and unique characteristics. More than a list of revamped infrastructure projects, the initiative is a grand strategy that serves China's vision for itself as the preponderant power in Eurasia and a global power second to none.

Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022) PDF Author: Hrushikesh Mallick
Publisher: Springer Nature
ISBN: 9464630981
Category : Business & Economics
Languages : en
Pages : 2160

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Book Description
This is an open access book. 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022) to be held in Chongqing (Online) on October 14-16, 2022. As the leader of the global trend of scientific and technological innovation, China is constantly creating a more open scientific and technological innovation environment, expanding the depth and breadth of academic cooperation, and building a shared innovation community. These efforts are making new contributions to globalization and building a community with a shared future for mankind. ICEMCI aims to bring together innovative academics and industry experts in Economic Management and Cultural Industry into a common forum. We will discuss and research on areas such as International Economics and Trade, Sustainable Economic Development, Economic Statistics, Economic Policy, The impact of cultural industries on the economy, etc. ICEMCI 2022 also aims to provide a platform for experts, scholars, engineers, technicians and technology R&D personnel to share scientific research results and cutting-edge technologies, understand academic development trends, expand research ideas, strengthen academic research and discussion, and promote cooperation in the industrialization of academic achievements . With the theme "Economic Management and Cultural Industry", ICEMCI 2022 aspires to keeping up with advances and changes to a consistently morphing field. Leading researchers and industry experts from around the globe will be presenting the latest studies through papers, keynote speeches and oral presentations. We warmly invite you to participate in ICEMCI 2022 and look forward to seeing you in Chongqing !

Regional Mutual Benefit and Win-win Under the Double Circulation of Global Value

Regional Mutual Benefit and Win-win Under the Double Circulation of Global Value PDF Author: Wei Liu
Publisher: Springer
ISBN: 9811376565
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
The book offers an in-depth research of the economic situations along the Belt and Road and the initiative’s cooperation prospects, opportunities and challenges. It draws on economic data, including those on trade, investment, infrastructure, urban distribution, industrial cooperation, financial integration and revision of historical and political background. The Belt and Road initiative (BRI) comes from not only the ancient Silk Road, but also a long-term international cooperation between China and relevant countries. As a China-led initiative, the BRI is built upon China’s international vision according to its development process. Therefore, the book also discusses how China balances its own development process among different domestic regions, and how the Initiative fits into the changes of global economic system and brings positive change for developing and developed economies involved, on the long haul. Furthermore, this book aims to find out precise direction of the initiative in order to assess appropriate implication on development under current globalization and provide valuable experience for future economic synergetic development by reviewing the past cooperative experience as references for policy-making and prospective engagementIn terms of methodology, analyses were conducted applying multi-methods with best available evidence to enrich the understanding of the potential of the BRI in terms of socio-economic impact on cooperation and difference and similarities of economic, cultural characteristics and political system among countries.