VYAS Utpal    Department   Ritsumeikan Asia Pacific University  College of Asia Pacific Studies    Position   Associate Professor
Language	English
Publication Date	2015/02
Type	Book(Chapter)
Title	Internationalisation of China’s renminbi: global power or premature overconfidence? chapter in 'Major International Issues in the 21st Century from the Perspective of Japan and Europe'
Contribution Type	Single Work
Publisher	Doshisha University/IIPE Belgrade
Volume, Issue, Page	pp.37-49
Details	In recent years, the Chinese government has been taking steps to internationalise its currency, the renminbi. In order to do this it is having to undertake a wide range of difficult economic and financial reforms related to its domestic economy and international economic relations. This chapter, using theory based on the ideas of international identity, soft power as well as political economy, asks why China is pushing for an international renminbi, despite the considerable costs and risks of doing so.
ISSN	978-86-7067-211-6