The Globalization of the Renminbi: Feeling the Stones on the River Bed Harvard Case Solution & Analysis

The major part of the Foreign Direct Investment (FDI) is dedicated to China, but the foreign exchange transactions of its currency only consist of 1.5% of global transactions. The case traces the reforms implemented by the Chinese government to promote the Renminbi (RMB) use in international trade, financing, and other global programs. It also defines the challenges affiliated with these reforms.

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