Reform Of The International Monetary System And Internationalization Of The Renminbi

This book argues that only by reforming the international monetary system can we prevent financial crises in the future and the internationalization of the Renminbi, China''s national currency, will be an important step in the process.Just as the old saying goes, ''An old building needs to be demolished before a new one can be erected in its place,'' there will be no construction without destructi...