The internationalization of RMB became an important issue in China's economy, especially after international financial crisis, which has positive effect in promoting economic openness. This paper analyzed risk factors include short term international capital flow, financial fragility, regulation and policy, and provides some coping strategies. This paper also analyzed mutual relation between currency internationalization and economic openness by examine the interaction between internationalization of RMB a foreign trade, regional economic cooperation, and influence in world economy.
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