The Internationalization of the Chinese Currency

China Takes Over the World, RTHK Radio 3, March 15, 2014

Ever since the global financial crisis, there has been much discussion about the internationalization of the Chinese currency, also known as the yuan or the renminbi (RMB).  In the latest episode of China Takes Over the World, two noted economists debate the merits and timing of the internationalization of the RMB, the causes and effects of financial repression in China, and the potential impact of additional liberalization of China’s capital markets.

The guests are:

-Ronald McKinnon, William D. Eberle Professor of International Economics, Stanford University

-Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California at Berkeley

Hosted by Ying Ma, China Takes Over the World is a program about China’s growing economic, political and military power. It airs at 8:30 a.m. every Saturday in Hong Kong on RTHK, the city’s public broadcast station. Previous episodes of the show are available via podcast on iTunes.

To listen to the latest episode, please click HERE.

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