Lu Xinhong
Associate Researcher, CCIEE
Lu Xinhong is an associate researcher at China Center for International Economic Exchanges.
Jun 08, 2015
The recent initiative provides the possibility for RMB internationalization to grow deep roots, but that global outreach could be a “double-edged sword.” Exchange-rate fluctuations will mean greater exchange risks for enterprises, but the RMB cross-border settlements could also help enterprises to hedge exchange-rate risks.