Research On Several Legal Problems Of RMB Offshore Money Market

In a time of increasing closeness between global economies, China’s economyhas gained a room for high-speed development. As the second largest economyaround the world, China is further involved into global economic cooperation andinternational financial integration. In this process, China is also vigorouslyinternationalizing its currency, RMB. But the internationalization of RMB cannot beaccomplished at one stroke owing to its long-term nature and complexity. Thus, theestablishment of mature RMB Off-shore Market is an important way to achieve thegoal of RMB internationalization.Against the background of RMB internationalization, this thesis analyzes certainlegal issues concerning RMB Off-shore Currency Market from the perspective of law.First, it states the legal issue pertaining to the process of RMB Off-shore Market, asolution to which is given that an independent and efficient system of liquidation shallbe established.The second is about Offshore RMB loan. It focuses on the features and types ofoffshore syndicated loan and provides a detailed analysis on its important provisions.The last part raises suggestions for effective supervision by analyzing the regulatorydefects of RMB offshore market and referring to experience of foreign countries.In the concluding part, based on synthesis of all the three issues, the authorpoints out that it is essential to keep improving RMB Off-shore Currency Marketlegal system in case of risk and to ensure Chinese economic security.