Taiwan as an Offshore Centre for RMB / 人民幣離岸中心與台灣

碩士 / 國立臺灣大學 / 國際企業學研究所 / 102 / With RMB internationalization is attracting world attention, the main offshore centers (Hong Kong, London, Singapore) in the scale of the RMB business is more and more large. With 182.6 billion yuan in deposits by the end of 2013, and the largest trade surplus with China, Taiwan fits the bill for the offshore RMB clearing and trade settlement centre after Hong Kong.

Taipei, however, is not an international financial centre like Hong Kong, Ring-fencing the local RMB business by regulators out of national ego has led some financial market participants to prepare for the possibility of an Offshore Centre for RMB.

This thesis first discusses the process of RMB internationalization, definition and formation condition of international offshore financial center. Seconds, discusses the present situation of RMB business in Hong Kong, London and Singapore. Carries on the opportunity and challenge about the RMB business development in Taiwan.

This thesis argues that, The RMB cash pool in Taiwan has grown so fast and should have more RMB exit options. Such as Formosa bonds and RQFII. Moreover, Taiwan have to sign currency swap as soon as possible. Finally, Taiwan and China should remove national ego and cooperate on RMB business. It will be a great benefit to each other and the internationalization of the RMB.

Identiferoai:union.ndltd.org:TW/102NTU05320009
Date January 2014
CreatorsHsin-Ying Hsu, 徐心瀅
ContributorsShi-Kuan Chen, 陳思寬
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format75

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