Global Capital features the Atlantic Council report RENMINBI ASCENDING: How China’s Currency Impacts Global Markets, Foreign Policy, and Transatlantic Financial Regulation in an article on why the RMB needs infrastructure and co-operation to become a global currency:
Chinese authorities will need to work on onshore and offshore RMB infrastructure and products to push on with their internationalisation agenda for the currency, as well as engage international institutions, thinktank Atlantic Council recommended in a June 22 report called Renminbi Ascending.