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Rmb Cross-Border Trade Setlement

Posted on:2013-03-21Degree:MasterType:Thesis
Country:ChinaCandidate:T Y XiongFull Text:PDF
GTID:2249330374998411Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With China’s participation in the strengthening of the depth and breadth of the global economic and trade cooperation, China’s economic size and the increasingly strong economic strength of the RMB has been steadily recognized and holds the world in some countries to treat as a reserve currency, the RMB have been much attention at home and abroad,"RMB internationalization" is also frequently appear in people’s vision. At present, the world economic situation is in the doldrums, the pressure of RMB appreciation is not optimistic, but also by the appreciation of the developed economies of Europe and the United States and other persecuted. China’s RMB cross-border trade settlement pilot as an opportunity to gradually increase the share of the RMB in the pricing and settlement of international trade and status of the implementation of the RMB peripheral and gradually regionalization, internationalization, and lay a solid foundation, and also to stabilize the exchange rate in China, balance of international payments, reducing the foreign exchange to provide a solution and mitigation measures. Shows that studying how to strengthen to promote the internationalization of the RMB is a subject of great significance to promote RMB cross-border trade settlement.The general idea of this article is:starting from the perspective of China and ASEAN regional economic base and economic conditions, focusing on the relative competitive advantage of the RMB trade settlement with China-ASEAN region, and the use of the advantage in the ASEAN region to promote RMB cross-border trade settlement, and strengthen the yuan trade computing power for our enterprises to participate in international competition to find a lower exchange rate risk, reduce transaction costs and improve profit margins, channel, and also to stabilize the exchange rate in China, the balance of international payments, reducing foreign exchange to provide a solution and mitigation measures, and also cast a strategic pawn for the internationalization of the RMB. The main point is: 1, The essence of the RMB cross-border settlement is in the process of international trade in RMB denominated and settled in China RMB cross-border trade settlement pilot is the starting point and basis of the yuan toward regionalization, internationalization, but also the internationalization of the RMB as an integral parts.2, China-ASEAN Free Trade Area provides a unique environment for the advancement of cross-border trade settlement in yuan, also build a good platform for RMB cross-border settlement.3,The RMB cross-border trade settlement for China and the ASEAN region, a common and consistent interest, but there are difficulties and obstacles in the ASEAN region to promote the process, so our government, banks and enterprises to adopt the "Trinity" to promote strategies actively promote the RMB cross-border trade settlement, while avoiding disadvantages, but also need to consult and cooperate with the participants of the ASEAN countries in the region.
Keywords/Search Tags:ASEAN Regional, Cross-border trade settlement, RMB
PDF Full Text Request
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