Author(s)

Yu Lei, Peng Wang

Corresponding Author

Yu Lei

ABSTRACT

Along with the development of China's economy, the improvement of comprehensive national strength, the deepening of financial globalization, and the widespread use of RMB in the world, the basic conditions of RMB internationalization have been established. The internationalization of the RMB is both an opportunity and a challenge for China, and it has brought benefits to China, and it has also affected China's monetary policy. This paper combines theoretical and empirical methods to study the impact of RMB internationalization on various variables and links of China's monetary policy, and concludes how to prevent the impact of RMB internationalization on China's monetary policy, and proposes corresponding countermeasures.

KEYWORDS

RMB, Internationalization, Monetary policy, Influence