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Internationalization of the use of Chinese currency: perspectives from the New and the Ancient Silk Roads
K. C. Fung1; Nathalie Aminian2; Xiaoqing (Maggie) Fu3; Iikka Kornhohen4
2017-12
Source PublicationJournal of Chinese Economic and Business Studies
ISSN1476-5284 1476-5292
Volume16Issue:1Pages:1-16
Abstract

In this paper, we provide an up-to-date analysis of issues and perspectives related to the potential international and regional use of the Chinese currency, with a special focus on the New Silk Road (or One Belt, One Road OBOR) initiative as well as an examination of the use of various forms of Chinese money along the Ancient Silk Road. From the perspectives of China, the OBOR project fulfills several national objectives, with the internationalization of the RMB being one potential aim. We adopt and extend an agglomerationgeography model and apply the model to the OBOR initiative and the resulting increased use of the Chinese currency. Our paper also provides a discussion of the experiences of using various forms of Chinese money along the Ancient Silk Road.

KeywordInternationalization Chinese Monies Silk Road
DOI10.1080/14765284.2017.1408255
Indexed BySSCI ; SSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectEconomics
WOS IDWOS:000431282300001
Fulltext Access
Citation statistics
Cited Times [WOS]:5   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionDEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Corresponding AuthorK. C. Fung
Affiliation1.Univ Calif Santa Cruz, Dept Econ, Santa Cruz, CA 95064 USA
2.School of International Economics, University of Rouen, Rouen, France
3.School of Business, University of Macau, Macau SAR, China
4.BOFIT, Bank of Finland, Helsinki, Finland
Recommended Citation
GB/T 7714
K. C. Fung,Nathalie Aminian,Xiaoqing ,et al. Internationalization of the use of Chinese currency: perspectives from the New and the Ancient Silk Roads[J]. Journal of Chinese Economic and Business Studies,2017,16(1):1-16.
APA K. C. Fung,Nathalie Aminian,Xiaoqing ,&Iikka Kornhohen.(2017).Internationalization of the use of Chinese currency: perspectives from the New and the Ancient Silk Roads.Journal of Chinese Economic and Business Studies,16(1),1-16.
MLA K. C. Fung,et al."Internationalization of the use of Chinese currency: perspectives from the New and the Ancient Silk Roads".Journal of Chinese Economic and Business Studies 16.1(2017):1-16.
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