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Cover image for book China's Continued Reforms in a New Era: Their Impact on Chinese Foreign Direct Investments and RMB Internationalization

China's Continued Reforms in a New Era: Their Impact on Chinese Foreign Direct Investments and RMB Internationalization

By:Xugang Yu; Mario Tettamanti; Cristiano Rizzi
Publisher:World Scientific Publishing
Print ISBN:9789811212642
eText ISBN:9789811212666
Edition:0
Copyright:2020
Format:Reflowable

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This book studies the new economic and financial reforms China is adopting to advance its economy, and the policies behind the Chinese Outbound Direct Investment (ODI). It also aims to illustrate the impact of China's reforms on Chinese Outward Investments, and the Internationalization of the RMB.The book explores the new wave of reforms, especially in the financial sector, together with President Xi Jinping's vision for a shared future for mankind together with his explanation on the "new Era". In fact, China is entering a "New Era" and transforming its economy into a more sophisticated one, upgrading the industrial sector and introducing specific and dedicated reforms in the SOEs (State Owned Enterprises) to render them more efficient and allow them to compete fairly at the international level.The book also focuses on RMB "internationalization". It also contains an addendum on trade frictions between China and the US.