Development of the Renminbi Market in Hong Kong SAR : Assessing Onshore-Offshore Market Integration /
Offshore use of the renminbi expanded rapidly in Hong Kong SAR as China sought to develop an international role for its currency while maintaining capital controls. This prompts two questions addressed in this paper: How far advanced is renminbi internationalization? And, what role does Chinese capi...
| Main Author: | Craig, R. |
|---|---|
| Other Authors: | Hua, Changchun, Ng, Philip, Yuen, Raymond |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2013/268 |
| Online Access: | Full text available on IMF |
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