The Impact Of Cross-border Capital Flow By RMB Cross-border Investment And Financing

In recent years, the new push towards the cross-border RMB financing business, with the policy of cross-border RMB financing are introduced one by one, it improves the investment and financing constantly, cross-border RMB business is gradually showing a trend as its magnified scale and channel diversification. In order to verify the cross-border RMB financing activities impact on China’s cross-border capital flow volatility characteristics, this paper focus on the analysis between the payments and investment activities of cross-border and the total size of financing, given the conclusions through empirical analysis as below:1、In the long time, cross-border investment and financing activities and the flow of cross-border capital is positively related;2、The effect of cross-border investment and financing on the flow of capital is also influenced bythe money supply(M2) and inflation expectation;3、Cross-border investment and financing activities plays a regulatory role on the cross-bordercapital,...