This paper investigates the dynamic dependence structure between the Chinese stock market and the real exchange rate of the Chinese renminbi (RMB) with unconditional and conditional copula models for ...
China's merchandise trade surplus surged by $111.7 billion in November, reaching an impressive $1.08 trillion for the first 11 months of the year, a 22.1% increase compared to the same period of last ...
Many interpret China’s push to internationalize the renminbi (RMB) as an explicit effort to displace the U.S. dollar as the dominant global currency. While Beijing seeks to reduce its vulnerability to ...