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The Internationalization of RMB Institutional Evolution and Challenges

I helped with writing part of the book The Internationalization of RMB: Institutional Evolution and Challenges under my mentor Prof. Benhua Wei (former Director-General in International Department, the People’s Bank of China and former Deputy Administrator of State Administration of Foreign Exchange (SAFE)).

It is my first time to be responsible for writing parts of a book. It is a challenging and useful experience for me, to better understand RMB internationalization and how to write a good book.

News about the book:

The Internationalization of RMB-Institutional Evolution and Challenges was successfully published in Taiwan. Hu Xin, Liu Fuyun, and Meng Shuchen in Prof. Benhua Wei’s group contribute to the writing of the book. Today, the author Professor Yingyi Cai of Kaohsiung University, Taiwan, sends the published works to IMI of gratitude.

In the preface of the book, the author writes:

此外,本书在“人民币国际化”关键词搜索下所能够发挥的贡献,多数得益于中国人民大学货币研究所涂永红,谢怀筑,范希文与高洁,以及魏本华与白宗辰,胡鑫,刘付云,孟舒晨诸位学者专家们提供的基础文稿与数据资料;而笔者在台湾金融机构服务的前辈与同事们,则是推动本书出版的主要动力,允宜申谢在此

Also, most of the contributions that this book can make under the keyword search for “renminbi internationalization” benefit from the basic manuscripts and data provided by the following experts, Tu Yonghong, Xie Huaizhu, Fan Xiwen, and Gao Jie, and Wei Benhua and Bai Zongchen, Hu Xin, Liu Fuyun, and Meng Shuchen. My seniors and colleagues who served in Taiwan’s financial institutions are the main driving force for the publication of this book.

my part

My part is about how to motivate the Internationalization of RMB by joining SDR(Special drawing right)

If you are interested, you can also view my mentor’s idea on SDR

Section III

My mentor Prof. Benhua Wei is responsible for section III, which also includes my part.

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