The Impact of Covid-19 on the Internationalization of Renminbi
Authors
Song Chen1, *
1Economic Department, University of Toronto Mississauga, Mississauga, Ontario, L5L 1C6, Canada
*Corresponding author.
Email: kawschen1107@gmail.com
Corresponding Author
Song Chen
Available Online 27 December 2022.
- DOI
- 10.2991/978-94-6463-098-5_108How to use a DOI?
- Keywords
- Renminbi; Covid-19; China; Internationalization
- Abstract
This study is a multiple regression model to examine the impact of the epidemic on the internationalization of the Renminbi (RMB). The study finds that the epidemic has a significant impact on the internationalization of the RMB. By comparing the economic environment of each country under the epidemic, the article finds that China has achieved extraordinary results in dealing with the epidemic, as evidenced by the steady growth of GDP and the increase in the share of investment.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Song Chen PY - 2022 DA - 2022/12/27 TI - The Impact of Covid-19 on the Internationalization of Renminbi BT - Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022) PB - Atlantis Press SP - 944 EP - 952 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-098-5_108 DO - 10.2991/978-94-6463-098-5_108 ID - Chen2022 ER -