2008年全球金融危机使改革以美元为核心的国际货币体系成为共识,这也为人民币实现区域化、国际化开创了一个历史契机。本文认为,应以人民币债券为突破口,推动香港成为人民币离岸金融中心,推动人民币成为区域储备与投资货币,实现区域化;在此过程中,香港应首先成为人民币国际结算中心,而后建立成清算型的人民币离岸中心,为人民币、港币、澳币事实上的一体化及人民币国际化奠定基础。In 2008 global financial crisis the international monetary system with US dollar as a core needs reform is a common sense, which created a historical chance for RMB regionalization and internationalization.The article holds that is important to push Hong Kong to become RMB offshore financial center with breakthrough of RMB bonds and accelerate the speed of process of RMB regionalization as a reserve and investment currency.Meanwhile, Hong Kong will first become RMB international settlement center and then evolves to BIS-based offshore center for the RMB and lay ...
If the simultaneous development of cross-border trade and offshore market expanses radically, it wil...
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the p...
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the p...
金融危机之后,人民币国际化的步伐显著加快。目前人民币已具备了贸易支付结算、融资、投资等功能,但人民币国际化过程中仍存在进出口贸易跨境人民币结算不平衡、境外对人民币的实体需求尚不高、人民币投资和回流途径...
随着中国经济的发展,人民币的国际化问题越来越受到各方的关注。本文从经济角度对人民币国际化的条件进行了深入分析。本文认为,随着中国经济的发展,人民币国际化已经具备了基本的条件,美国金融危机的爆发也为人民...
一、世界经济将再次面临重大更替过去六百多年世界经济发展的历史表明,大国的经济主导地位不可能恒久不变。自15世纪以来,主导世界经济的国家一般是各领风骚100年:从葡萄牙(1450年—1520年)、西班牙...
2008年發生全球金融危機,造成各國經濟大幅衰退。中國大陸於2009年開始積極推動人民幣國際化,希望降低對外貿易與跨境資本流動對美元的依賴程度。中國大陸雖有龐大的境外人民幣資金池,但由於欠缺人民幣回流...
全球金融危机爆发致使香港联系汇率制承受压力,废除与否的争论再次引起关注。本文首先介绍香港目前面临的经济困境,并阐述了香港汇率制度受置疑的原因;接着从政府信誉、退出时机、备选方案不成熟等多方面,证明香港...
President Leonard K Cheng presented his insights on renminbi (RMB) internationalisation and the role...
本文检验了人民币在岸市场(CNY)即期汇率、香港人民币离岸市场(CNH)即期汇率和海外人民币无本金交割市场(NDF)远期汇率之间的交互关系.通过DCC-MVGARCH模型研究CNY、CNH、NDF三个...
Over the past eighteen years, Hong Kong has developed the simple deposit business of the local RMB m...
Over the past eighteen years, Hong Kong has developed the simple deposit business of the local RMB m...
The restrictions on China´s capital account is the major restrictive factor for the international us...
[[abstract]]Chinese Economy has been growing rapidly in recent years. In order to expand its economi...
[[abstract]]本文以台灣電子業及傳統產業為實證對象,運用二因子模型以估計外匯風險暴露係數,依此以檢視電子業及傳統產業外匯風險暴露的程度。此外,本研究也將虛擬變數導入二因子模型中以探討全球金融...
If the simultaneous development of cross-border trade and offshore market expanses radically, it wil...
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the p...
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the p...
金融危机之后,人民币国际化的步伐显著加快。目前人民币已具备了贸易支付结算、融资、投资等功能,但人民币国际化过程中仍存在进出口贸易跨境人民币结算不平衡、境外对人民币的实体需求尚不高、人民币投资和回流途径...
随着中国经济的发展,人民币的国际化问题越来越受到各方的关注。本文从经济角度对人民币国际化的条件进行了深入分析。本文认为,随着中国经济的发展,人民币国际化已经具备了基本的条件,美国金融危机的爆发也为人民...
一、世界经济将再次面临重大更替过去六百多年世界经济发展的历史表明,大国的经济主导地位不可能恒久不变。自15世纪以来,主导世界经济的国家一般是各领风骚100年:从葡萄牙(1450年—1520年)、西班牙...
2008年發生全球金融危機,造成各國經濟大幅衰退。中國大陸於2009年開始積極推動人民幣國際化,希望降低對外貿易與跨境資本流動對美元的依賴程度。中國大陸雖有龐大的境外人民幣資金池,但由於欠缺人民幣回流...
全球金融危机爆发致使香港联系汇率制承受压力,废除与否的争论再次引起关注。本文首先介绍香港目前面临的经济困境,并阐述了香港汇率制度受置疑的原因;接着从政府信誉、退出时机、备选方案不成熟等多方面,证明香港...
President Leonard K Cheng presented his insights on renminbi (RMB) internationalisation and the role...
本文检验了人民币在岸市场(CNY)即期汇率、香港人民币离岸市场(CNH)即期汇率和海外人民币无本金交割市场(NDF)远期汇率之间的交互关系.通过DCC-MVGARCH模型研究CNY、CNH、NDF三个...
Over the past eighteen years, Hong Kong has developed the simple deposit business of the local RMB m...
Over the past eighteen years, Hong Kong has developed the simple deposit business of the local RMB m...
The restrictions on China´s capital account is the major restrictive factor for the international us...
[[abstract]]Chinese Economy has been growing rapidly in recent years. In order to expand its economi...
[[abstract]]本文以台灣電子業及傳統產業為實證對象,運用二因子模型以估計外匯風險暴露係數,依此以檢視電子業及傳統產業外匯風險暴露的程度。此外,本研究也將虛擬變數導入二因子模型中以探討全球金融...
If the simultaneous development of cross-border trade and offshore market expanses radically, it wil...
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the p...
In 2009, the pilot project of RMB settlement for cross-border trade was started, which started the p...