China represents a significant share of global foreign direct investment but its currency comprises a mere 1.5% of all global foreign exchange transactions. This case describes the measures introduced by the Chinese government to promote the use of the renminbi (RMB) in cross-border trade, financing and other internationalization initiatives, as well as the associated challenges.

This concise country profile provides an up-to-date introduction to the history, politics, foreign relations, society, and economy of India, supplemented by the latest available key statistics. The notes in this series are updated annually.

This concise country profile provides an up-to-date introduction to the history, politics, foreign relations, society, and economy of Vietnam, supplemented by the latest available key statistics. The notes in this series are updated annually.

This concise country profile provides an up-to-date introduction to the history, politics, foreign relations, society, and economy of China, supplemented by the latest available key statistics. The background notes in this series are updated annually.

The manager at Keystone’s computer memory testing operation in China faces a crisis –testing costs are “out-of-control” and internal customers are threatening to take their business elsewhere. An obsolete cost system is the real culprit and the management team proposes a quick fix. Will the fix be effective?