![]() ![]() RMB internationalisation has seen a rapid and relatively recent transformation in how China’s currency can be used globally. In so doing, it draws on in-depth interviews I conducted with financiers, policymakers and journalists involved in this process from 2015 onwards in London and Beijing. My new book, Respatialising Finance, makes such a contribution by examining how and why London’s financial district became enrolled into China’s wider strategy of internationalising its currency, the renminbi (or RMB) from the mid 2010s onwards. ![]() Examining earlier UK international trade relations provides a valuable way of understanding the how foreign policy goals become enacted through economic practice, and the challenges as well as the opportunities this entails. However what this means in practice, and how achievable it is, remains unclear. More recently, in the 2021 Integrated review, is has been transformed from political discourse to an ambitious economic project of tilting the UK’s foreign policy interests towards the Indo-Pacific. The phrase was used by the government shortly after the 2016 Brexit referendum by the then Prime Minister, Theresa May, who used term to reflect “our ambitious vision for Britain after Brexit”. ![]() ‘Global Britain’ has emerged as a key discourse a set of nascent policies as well as a framework to support a reorientation in trade beyond the EU in post Brexit Britain. ![]()
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