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RMB Deepens Influences on Surrounding Countries
Authors:Hu Wenxiu
Institution:PhD from CASS
Abstract:As the influence of financial crisis continued to deepen, more and more opinions agree that the underlying causes of the crisis was due to the economy m international reserve currency issuing countries became imbalanced, with many economies passively being shocked. From this point of view, diversification is the basic trend of international monetary system. And,as the current financial crisis pressed countries to strengthen the regional cooperation objectively, it is just for RMB to enlarge the influences on surrounding countries at this time.
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