Join us for a panel discussion on the internationalization of the Renminbi and its implications for the Americas. China’s fast economic growth, robust external trade and foreign investment across the world are rapidly increasing the use of the Chinese currency outside the mainland. However, there are still economic and political obstacles to the RMB becoming a global currency on a par with the US dollar or the Euro.

The panel will discuss the prospects of the RMB as an international currency, addressing the issue of trade settlements, the outlook for reserve currency status, and RMB-denominated investments. Speakers will also analyze the economic and political implications of the increasing use of the RMB in Latin America both for governments and corporations.

Confirmed Speakers:

Event Information: Please contact Sophia Costa at scosta@as-coa.org or call 212-277-8369 or visit www.as-coa.org.
Press Inquiry: Please contact Alex Andrews at aandrews@as-coa.org or call 212-277-8381.
Cancellation Policy: Please contact Juan Serrano-Badrena at jserrano@counciloftheamericas.org, by 3:00 p.m. on Thursday, May 19, 2011.