RMB Internationalization Spreads Wings with ‘Belt and Road’ Strategy

The recent initiative provides the possibility for RMB internationalization to grow deep roots, but that global outreach could be a “double-edged sword.” Exchange-rate fluctuations will mean greater exchange risks for enterprises, but the RMB cross-border settlements could also help enterprises to hedge exchange-rate risks.

Lu Xinhong Associate Researcher, CCIEE via CHINA US Focus http://ift.tt/1Mhc4mT