A Brief Analysis Of RMB Internationalization Issues And Realization Routes

With the increasing economic strength of China’s comprehensive national strength and internationalcompetitiveness, circulation and use of RMB in Asia continues to expand the yuan’s internationalinfluence and international reputation and ever-increasing internationalization of the RMB has becomean inevitable trend. With the gradual establishment of the Asian economic area and the development ofthe monetary and financial cooperation in Asia, the RMB has become an indispensable part in the Asianregional currencies, the process of internationalization of the RMB directly affect the prospects of theAsian monetary cooperation, development model, the final form. Constantly exposed to the risksinherent with the U.S. dollar-dominated international monetary system, and actively reform the existinginternational monetary system, to accelerate the diversification of the International Monetary newpattern is an effective way to stabilize the world financial markets, the internationalization of the RMBis the reform of the international monetary system an important part of the inherent requirements ofdiversified monetary situation.But at the same time, we should also see that China’s financial system is not sound, the financial markethas not yet fully open, inadequate financial regulation, those factors determine the Renminbiinternationalization can not jump on. Capital projects how steadily open, select how the RMBinternationalization strategy in order to maximize the risk-averse, has a very important theoretical andpractical significance for China’s future decades of political economy to explore these issues.