Thursday, January 22, 2015
China's Capital Net Export Boosts RMB’s Internationalization
ANBOUND
China has been ranked among capital net export countries in 2014 with its dramatic increase in FDI(foreign direct investment). ANBOUND think tank scholars hold that China's status of being a capital net export country will boost RMB’s internationalization. Currently, the pace of RMB internationalization overseas is remarkably faster than in China. China has to firmly push forward the reform and opening up in capital account realm, involving further into the process of globalization.