Discover and read the best of Twitter Threads about #RMBinternationalization
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(1/6) If #Libra is legally accepted and operated, what countermeasures China should take? What will be the main implications for foreign exchange management? Please read an original article produced by CF40. mp.weixin.qq.com/s?__biz=MjM5Nj…
(2/6) China's foreign exchange management has different priorities at each stage. In the first stage, the shortage of foreign exchange constrains economic development. In the second stage, foreign exchange facilitation lies in the focus of foreign exchange management.
(3/6) In the third stage, #Renminbi is included in SDR basket, marking a significant increase in the free use of the RMB, and there will be a significant increase in the degree of integration between local and foreign currencies in the future. #RMBinternationalization
