Capital Market Development: China and Asia Seminar Series – Internationalizing Like China
Capital Market Development: China and Asia Seminar Series – Internationalizing Like China
HOSTING ORGANIZERS COLLABORATING ORGANIZERS The authors empirically characterize how China is internationalizing the Renminbi by selectively opening up its domestic bond market to foreign investors and propose a dynamic reputation model to explain this internationalization strategy. The Chinese government deliberately controlled the entry of foreign investors into its market, first allowing in relatively stable long-term […]