The Great Wall of money: power and politics in China's international monetary relations

As an economic superpower, China has become an increasingly important player in the international monetary system.

Its foreign exchange reserves are the largest in the world and its exchange rate policy has become a major subject of international economic diplomacy.

The internationalization of the renminbi (RMB) raises critical questions in international policy circles: What kinds of power is China acquiring in international monetary relations?

What are the priorities of the Chinese government? What explains its preferences? Here, a group of contributors address these questions from distinct perspectives, revealing the extent to which China's choices, and global monetary affairs, will be shaped by internal political factors and affect world politics.