{"product_id":"9781119218968","title":"Renminbi Rising A New Global Monetary System Emerges","description":"\u003ch1\u003eRenminbi Rising\u003c\/h1\u003e\u003ch2\u003eA New Global Monetary System Emerges\u003c\/h2\u003e\u003ch3\u003eWilliam H. Overholt | Guonan Ma | Cheung Kwok Law\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ General\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cb\u003eCritical analysis of RMB internationalization and the coming global currency shift\u003c\/b\u003e \u003cp\u003e\u003ci\u003eRenminbi Rising\u003c\/i\u003e charts the emergence of China's internationalizing currency and provides an in-depth analysis of the global repercussions. Written by a team of renown economics researchers, this book describes the pressures that enabled the emergence of a new global monetary system and why China's Renminbi (RMB) became the default 'second in line' as the U.S. receded from leadership. Policy makers and regulators will appreciate the examination of the motivations behind those driving the shift, and financial professionals will find valuable guidance in the discussion surrounding business opportunities that the RMB brings to the table. Coverage includes the emergence of new Chinese-sponsored financial institutions, the scale of various RMB businesses and the coming transformation of the global financial system. \u003c\/p\u003e\n\u003cp\u003eEffective management of international monetary affairs has never been more fundamental to the global economic recovery. The rapid emergence of China's RMB is a transformative event of global significance, and this book provides the context you need to understand the depth and breadth of changes on the horizon. \u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eUnderstand why a new global monetary system is needed\u003c\/li\u003e \u003cli\u003eConsider the outcomes as China emerges and the U.S. recedes\u003c\/li\u003e \u003cli\u003eLearn the context and motivations behind principal players' strategies\u003c\/li\u003e \u003cli\u003eDiscover the scale of opportunities presented by the rise of the RMB\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIt is essential for finance professionals and economic policy makers to understand the drivers, progress and likely trajectory of the RMB internationalization and to fully grasp the implications for the global financial system, international business and supporting financial products and services. \u003ci\u003eRenminbi Rising\u003c\/i\u003e offers detailed analysis of the key opportunities and threats inherent in this major economic shift.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e   \u003cp\u003e\u003cb\u003eWILLIAM OVERHOLT\u003c\/b\u003e is a Senior Fellow at Harvard University's Asia Center and is the former President of the Fung Global Institute in Hong Kong. He is the author of \u003ci\u003eAsia, America and the Transformation of Geopolitics\u003c\/i\u003e and \u003ci\u003eThe Rise of China\u003c\/i\u003e.  \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eGUONAN MA\u003c\/b\u003e is a Fellow of Bruegel, the Belgian think tank and advisor to several central banks, and has served as senior economist at the Bank for International Settlements and major investment banks.  \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eCHEUNG KWOK LAW\u003c\/b\u003e is an economist at the Chinese University in Hong Kong and a veteran economist of several major investment banks.  \u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e16 February 2016\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781119218968\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e248\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e17.6\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44377733955724,"sku":"9781119218968","price":45.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781119218968_0949a6c5-dccb-4b4c-ada0-5ee8085d9f40.jpg?v=1780163728","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781119218968","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}