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The Great Wall of Money: Power and Politics in China’s International Monetary Relations (Cornell Studies in Money)

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 | #1494877 in eBooks |  2014-09-04 |  2014-09-04 | File type: PDF

||2 of 3 people found the following review helpful.| excellent read|By Old One|Very clearly written. Readable by a non-economist. Good background to understanding of Chinese capital and international money markets and the role played by international institutions.| ||"As Helleiner (Univ. of Waterloo, Canada)and Kirshner (Cornell Univ.)affirm, discussions of China's contemporary and potential future roles in global monetary relations have usually been framedthrough the narrow lens of economic analysis. By stressing power a

As an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy. The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations? What are the prioritie...

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