Topic: Chinese currency internationalizationQuestion: Why following indicators: IMF COFER, Bilateral currency swap, SDR basket, currencies pegged and share as international payment currency are regarded as better mediums in understanding the progress of a currency towards internationalization then following indicators: equity and bonds, RMB assets held by overseas institutions within China, FDI, ODI and commodity priced in RMB?Personally, I didn’t get the point why, cause I though they are all part of the internationalization process. But it turns out there is a difference, so little help would be really welcome.
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