The Great Wall of Money by Eric Helleiner, Jonathan Kirshner - 9780801453090

The Great Wall of MoneyPower and Politics in China's International Monetary Relations\nAuthor(s): Eric Helleiner, Jonathan Kirshner\nFormat: Hardback\nPublisher: Cornell University Press, United States\nImprint: Cornell University Press\nISBN-13: 9780801453090, 978-0801453090\nSynopsis\nAs an economic superpower, China has become an increasingly important player in the international monetary system. Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy. The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations? What are the priorities of the Chinese government? What explains its preferences? \n\n In The Great Wall of Money, a distinguished group of contributors addresses these questions from distinct perspectives, revealing the extent to which China's choices, and glo.