An overview of China's internationalization policy of the yuan affects Vietnam

Abstract

In recent years, China's role has become increasingly important in the world's economic and political life. Steps to assert its position is being implemented in China and promoted strongly. Internationalization of the RMB is part of that same strategy. Within the scope of this article, the author fully reviews and updates the content surrounding this policy. At the same time, the article also analyzes the implications for Vietnam and gives some suggestions for making good use of investment opportunities as well as reducing risks as China embarks on internationalization of the People's Republic of China fall.