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Siyao Li (Pittsburgh), Aditi Sahasrabuddhe (Brown, presenter), Scott Wingo (CACR), “The Limits Of Economic Statecraft: RMB Internationalization And The External Security Environment”
Siyao Li (Pittsburgh), Aditi Sahasrabuddhe (Brown, presenter), Scott Wingo (CACR), “The Limits Of Economic Statecraft: RMB Internationalization And The External Security Environment”
Abstract: Expanded use of the Chinese currency beyond China’s own borders is an important indication of China’s growing influence in global affairs. Contrary to earlier expectations however, China has only internationalized its currency, the renminbi (RMB), on a very limited scale. While this outcome is not altogether puzzling, we argue that the conventional wisdom on […]