RMBi benefits from Belt and Road still MIA

Paolo Danese

April 07, 2017 04:00 am

silk road obor 230px — Dunhuang,Gansu, China - October 11, 2014: Group of tourists are riding camels in the desert at Dunhuang City , China. This place is a part of silk road in the history. | cuckoo_111 - Fotolia

The precise scope of the Belt and Road initiative (BRI) remains a bit of a mystery, but there are those arguing the scheme is important to the next phase of RMB internationalisation (RMBi). Yet, the beneficial impact on RMB usage for trade and investment is yet to be seen.

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Asia Greater China Northeast Asia China Asia Pacific China Emerging Markets

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Paolo Danese