Cross-border RMB Settlement Business of Commercial Banks in China

Abstract

The internationalization of currency in international finance as a hot topic has become the inevitable, also with improved to enhance China's economic strength and the degree of opening to the outside world, the internationalization of the RMB has attracted widespread attention, its position in the international economy and society becomes more and more important. China's cross-border RMB settlement business problem not only in the domestic and foreign theorists get attaches great importance to, is to promote the inevitable choice of China's comprehensive national strength and international influence, to the internationalization of the RMB has far-reaching significance.