This article provides a new framework to evaluate the status of Renminbi internationalization.It proposes that the trading patterns of a currency in the global foreign exchange market embody the currency’s position i...This article provides a new framework to evaluate the status of Renminbi internationalization.It proposes that the trading patterns of a currency in the global foreign exchange market embody the currency’s position in the international monetary system.Based on foreign exchange trading data provided by CLS Group,the article constructs a ranking of major international currencies including the Renminbi.It finds that the Renminbi shares more similarities in foreign exchange trading patterns with the established global currencies like the US dollar and the Euro than with those regional currencies.The article also explores the policy implications that the new evaluation approach provides.展开更多
Last year, China's trade surplus totaled $101.9 billion, more than triple that of 2004, arousing great concern among its trade partners. According to statistics recently released by the General Administration of C...Last year, China's trade surplus totaled $101.9 billion, more than triple that of 2004, arousing great concern among its trade partners. According to statistics recently released by the General Administration of Customs, China's monthly trade surplus in January this year rose 46.7 percent from a year ago to $9.49 billion, while its total trade volume rose 26.8 percent year on year to $120.5 billion. Exports from China grew to $64.9 billion in January, a 28.1 percent rise over the same period last year, a...展开更多
Focused on life,consumption,and leisure,communities have been regarded as the basic unit of energy use in a city owing to rapid urbanization,whose energy use density continues to increase.Moreover,community integrated...Focused on life,consumption,and leisure,communities have been regarded as the basic unit of energy use in a city owing to rapid urbanization,whose energy use density continues to increase.Moreover,community integrated energy systems(CIESs)in the rapid development stage have become embedded,small,and self-sufficient energy ecosystems within cities because of their environmental and economic benefits.CIESs face a competitive energy trading environment that comprises numerous entities and complicated relationships.This paper presents an extensive review of various issues related to CIES trading.First,the concepts,types,and resources of CIESs are described.Second,the trading patterns and strategies of CIESs are reviewed from the four perspectives of the trading objects:community-to-peer(C2P),peer-to-peer(P2P),community-to-community(C2C),and community-to-grid(C2G).Third,a tri-layer trading framework and the features of CIESs that participate in combined multienergy markets are proposed.Last,the key issues in CIES trading are summarized.展开更多
文摘This article provides a new framework to evaluate the status of Renminbi internationalization.It proposes that the trading patterns of a currency in the global foreign exchange market embody the currency’s position in the international monetary system.Based on foreign exchange trading data provided by CLS Group,the article constructs a ranking of major international currencies including the Renminbi.It finds that the Renminbi shares more similarities in foreign exchange trading patterns with the established global currencies like the US dollar and the Euro than with those regional currencies.The article also explores the policy implications that the new evaluation approach provides.
文摘Last year, China's trade surplus totaled $101.9 billion, more than triple that of 2004, arousing great concern among its trade partners. According to statistics recently released by the General Administration of Customs, China's monthly trade surplus in January this year rose 46.7 percent from a year ago to $9.49 billion, while its total trade volume rose 26.8 percent year on year to $120.5 billion. Exports from China grew to $64.9 billion in January, a 28.1 percent rise over the same period last year, a...
基金supported by the National Key Research and Development Program of China(No.2017YFA0700300)Natural Science Research Start-up Foundation of Recruiting Talents of Nanjing University of Posts and Telecommunications(No.NY221124).
文摘Focused on life,consumption,and leisure,communities have been regarded as the basic unit of energy use in a city owing to rapid urbanization,whose energy use density continues to increase.Moreover,community integrated energy systems(CIESs)in the rapid development stage have become embedded,small,and self-sufficient energy ecosystems within cities because of their environmental and economic benefits.CIESs face a competitive energy trading environment that comprises numerous entities and complicated relationships.This paper presents an extensive review of various issues related to CIES trading.First,the concepts,types,and resources of CIESs are described.Second,the trading patterns and strategies of CIESs are reviewed from the four perspectives of the trading objects:community-to-peer(C2P),peer-to-peer(P2P),community-to-community(C2C),and community-to-grid(C2G).Third,a tri-layer trading framework and the features of CIESs that participate in combined multienergy markets are proposed.Last,the key issues in CIES trading are summarized.
