Contents

China, SDR and the World Reserves System

-China has been strengthening currency to get into exclusive group by David Marsh

-Prospects for the Inclusion of Renminbi in the SDR Basket by Wanda Tseng

-Headwind? Tailwind! Examining the Direct Impacts of the RMB’s Possible Inclusion into the SDR by E Zhihuan

-Will IMF inclusion make world stash yuan by Xia Le

-China’s Asian Infrastructure Investment Bank (AIIB): Criteria for a genuine multilateral organization: compare EIB and ADB by Herbert Poenisch

-Has the US lost its role as the underwriter of the economic system? by Willem Middelkoop

RMB Internationalization

-Pegging to RMB by Herbert Poenisch

-PBoC should practice simple central banking to help renminbi internationalization by Yuksel Gormez and Ben Shenglin

-Characteristics of the RMB Internationalization and Its Prospects for the SDR by E Zhihuan

-Reflections of the internationalization of RMB and China’s power by Juan Carlos Martinez Oliva

-The internationalization of the renminbi with a focus on Frankfurt – from the “Middle Kingdom” to the “Middle of Europe” by Robert Elsen

-Transmission effects of international media sentiment to RMB international level by Dai Wensheng

Purchasing Power Parity (PPPs) in the Framework of RMB Internationalization

-Exchange Rates and Purchasing Power Parities in Renminbi Internationalization: a Look with Statisticians’ Eyes by Guido Ferrari and Zhao Yanyun

-On the Interpretation of Purchasing Power Parities between China and other Economies: Factors Affecting the Differences by Luigi Biggeri