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China’s One-Belt-One-Road (OBOR) Policy Initiative: The Internationalization of the Renminbi

机译:中国的“一带一路”(OBOR)政策倡议:人民币国际化

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The last decade having witnessed China’s meteoric resurgence has created a paradigm shift that has resulted into not only a massive structural adjustment, but also caused a shift in attention of international relations discourse towards itself. It is partly in respect of the rise and the tailoring of the One-Belt-One-Road policy that this academic research is conducted. Using much of secondary data, the thrust of this study is to examine the impact of the policy and its potential, particularly, in relations to its contributory prowess to the monetary system of china and also, its immense spread effect in contributing to the internationalization of the renminbi. Using the Strength, Weaknesses, Opportunities and Threats (SWOT) model, holding the strengths and opportunities which are internal on one side and holding the weaknesses and threats which are extraneous on the other side, the model conclusively asserts that, capitalizing on the strengths and opportunities will help Beijing override the threats and the weaknesses to turbo-charge the Chinese Renminbi currency into internationalization heights whiles same time helping to rake in social, political and economic benefits including the ability to create the strategic position not only in Eurasia, but in other part of the world.
机译:过去十年见证了中国的迅速崛起,这引起了范式转变,不仅导致了大规模的结构调整,而且引起了国际关系话语对自身的关注转移。进行这项学术研究的部分原因在于“一带一路”政策的兴起和调整。本研究的主要目的是利用大量辅助数据来检验该政策的影响及其潜力,尤其是与该政策对中国货币体系的贡献能力以及其对推动中国国际化的巨大扩散作用有关的影响。人民币。该模型使用优势,劣势,机会和威胁(SWOT)模型,一方面掌握了内部的优势和机会,另一方面掌握了无关紧要的弱点和威胁,因此断定,利用优势和劣势机遇将帮助北京克服将人民币升值到国际化高峰的威胁和弱点,同时帮助取得社会,政治和经济利益,包括不仅在欧亚大陆,而且在其他国家建立战略地位的能力。世界的一部分。

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