The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.
Articles on Renminbi
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Geopolitical shifts that are dividing the world could create problems for the US dollar, traditionally the dominant currency globally for trade and investment.
The US and China have an interdependent economic relationship. If this unravels it will have global ramifications.
Chinese real estate investors might be more interested in investing in their homeland rather than Australia, given the changing market and regulations.
China has introduced new currency and investment controls after foreign exchange reserves hit the lowest level since 2011. This could have a profound impact on our trading relationship.
Beijing wants the Renminbi to become an international currency - but is it prepared to do what it takes?
Market “hiccups” are painful for western markets, but a good sign of the internationalisation of Renminbi.
The inclusion of the yuan into the IMF’s currency basket shouldn’t stop ongoing Chinese financial market reforms.
The US may not like it, but by devaluing the yuan the People’s Bank of China has done what longtime critics of China’s currency policy have long been clamouring for.
China’s RMB has been deemed “no longer undervalued” by the International Monetary Fund. This is a milestone for the Chinese government, which is keen to bolster domestic consumption and make the RMB a…
Australia’s free trade deal with China will invariably boost bilateral trade and investment. But how trade and investment are settled also matters. Given the rise of the renminbi (RMB) in recent years…
A direct link has been established between Hong Kong and Shanghai’s stock exchanges. The so-called Stock Connect means investors in Hong Kong can now buy shares listed on the Shanghai Stock Exchange via…
“Nothing lasts forever – even the longest, most glittering reign must come to an end someday.” And so it was that Britain’s celebrated fictional Machiavellian mastermind Francis Urqhuart greeted viewers…
In imploring the world to be less dependent on the US dollar for international transactions, French finance minister Michel Sapin is expressing a wish that many of the euro’s creators hoped would already…
China has signalled its intention, reiterated in the recent Third Plenum, to open up its financial markets. This would be an important reform which carries significant risks and opportunities both for…
Julia Gillard leaves Australia for China tomorrow, her second trip to the Middle Kingdom as Prime Minister. As befits China’s status as Australia’s most important trading partner, the trip has attracted…
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Senior Lecturer, International Law; Asian Business Law, Monash University
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Professor of Finance, University of Technology Sydney
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ARC Future Fellow and Senior Research Fellow, Griffith University
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Professor of Economics and Chinese Sustainable Development, University of Nottingham
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Former PVC International, UNSW Sydney, UNSW
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Senior Lecturer in Economics, The Open University
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Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney
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Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
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Associate professor, University of Surrey
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Lecturer in Real Property Development and Management
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Lecturer East Asian and International Political Economy, University of Bristol
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Lecturer, Business School, University of Sydney
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Casual Lecturer in Finance, University of Sydney
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Property and Housing Management Researcher, Applied Sociology, public policy and impact evaluation., University of Tasmania