From one of the world’s leading experts on international finance. Clearly explains what China has to do to make the renminbi a global currency.
Ben S. Bernanke
Skillfully draws on history, international economics, and a unique in-depth knowledge of the country. A compelling and comprehensive assessment of China’s role in global currency markets—past, present, and future.
A clear and comprehensive entrée to contemporary debate over the direction of China’s financial development. Extraordinarily helpful for students, investors, policymakers.
A nuanced, thorough, and balanced book. Prasad—one of the preeminent authorities on China’s economy—chronicles how and why the RMB is emerging as a significant international reserve currency.