Money in the United States is called "yuan" in China, and what is the yuan called abroad
In the huge market of the world economy, every participant must have their own card, and the yuan is no exception. At the mention of "", everyone immediately thinks of global financial giants, but the name of "RMB" quietly withdraws from the stage and is replaced by the dress of "CNY", what do you want to say?
1. "CNY" or "RMB"?
The three "CNYs" look like the abbreviations of China on the list of global exchanges. But don't forget that every time the "CNY" appears on the display of foreign currency, it marks a big step forward for China in the world economic system.
However, the name is not without controversy. Although it does not use the word "people" as a symbol, as in the case of "RMB", it also means a deeper identification with the world. Is this strategic, or is it a compromise?
In the foreign exchange market, traders are busy buying and selling "CNY", and the symbolic meaning is no longer limited to one country, but has become a kind of "bargaining chip" for major game companies around the world. However, will these things have an impact on the meta?
With "CNY" taking the lead in the global financial market, whether it can challenge the long-dominant position of "$" has raised a series of questions.
2. The rise and development of the renminbi.
At one time, the meta dominated the economy of the world, and no one could match it, and no one could match it. However, the wheel of history is constantly moving forward, and there is no eternal king, nor is there an eternal overlord. At a time when the world economic map is being rewritten, a new star from Asia is rising: the renminbi.
In the American world, the renminbi is like a new force to be reckoned with. From an outsider in a tightly restricted exchange rate system, to a world currency that is now becoming freely convertible.
However, the confrontation between such a "recruit" and a "veteran" has plunged the entire world's economy into a subtle turmoil.
Today, investors, policymakers, and even ordinary people around the world are watching this exchange rate struggle closely. Every time the renminbi goes international, it will cause a heated discussion.
In such a wave, perhaps only some countries will be able to find their place in the world of the future.
3. Confrontation. An invisible war is underway, and the hero of this battle is the renminbi, the two currencies used in our daily life, "$" and "".
In this game, every transaction, every currency movement, looks like a small war, and together, they are quietly changing the economic power of the world.
Here, "$ seems to have become a sophisticated ruler, no longer just a sign of America, but a world of trust and domination." The city has permeated all corners of the world over the years.
However, "from the unknown people of the past, they have gradually radiated a dazzling light, which is not only a powerful economic power in China, but also a symbol of the power of the East."
In the fight against "$", " quietly launched one attack after another against the original economic rules.
This is not only the competition in data, but also in paper money, in payment, and in various transnational **. The United States has supported the position of "$" with its deep economic foundation and military strength, and China has also laid the foundation of "" because of its rapid economic development and increasing international influence.
In the course of international economic, trade and investment again and again, the dispute between "$ and " has become more and more intense, which seems to announce to the world that the future global economic pattern may no longer be a monopoly.
When the share of the world's largest number of countries increases, the race is no longer just a simple economic calculation, but also a strategic and cultural battle between the two great powers.
Every change in the exchange rate against the "$" provokes a strong market reaction, which in turn has a significant impact on the economic decisions of two countries, as well as the world.
In the big chess game of the world economy, as a rising force, the renminbi is steadily moving towards internationalization. This is not only a contest of "money", but also a true reflection of China's entry into the international market.
Every time the renminbi is offshore, it looks like injecting an oar from east to west into the world's financial system. However, under the calm sea, there are hidden undercurrents.
The road to RMB internationalization is like a flat boat, smooth sailing, and we must beware of reefs.
During this period, China will not only demonstrate its economic power, but also build a more robust financial market system that will improve its fungibility and liquidity.
Every transnational cooperation, every transnational cooperation, is quietly preparing for its international positioning. Of course, the process is not so easy, but it has to change with the changing situation in the world.
China is also vigorously promoting "bilateral transactions" between the renminbi and currencies in other regions to reduce its dependence on the yuan. Driven by the Belt and Road Initiative, the renminbi has become more and more frequently used around the world, and its influence has gradually spread to Asia and other parts of the world.
In particular, the digital currency (DCEP) issued by the Bank of China has brought new vitality and opportunities to the internationalization of the RMB.