RMB Internationalization and Product Innovation examines the ascent of China’s currency, the renminbi (RMB), from obscurity to increasing global prominence, highlighted by its inclusion in the IMF’s Special Drawing Rights in 2016. The book offers a comparative analysis of the RMB with major currencies like the US dollar and euro, explores the factors driving its internationalization, and forecasts future trends. A must-read for those interested in global economics and currency dynamics.

About the Author
Dr. Guangping Zhang is an experienced financial expert with a background in computer science. He has held various positions in financial institutions, including Vice-President at Chase Manhattan Bank, and has published numerous books and articles in both English and Chinese. He is currently conducting research on the impacts of science and technology on international trade and currency internationalization.