Since the reform and open to the outside world, China's cross-border transactions have been deepening. In this situation, it is imperative to study the impact of cross-border transactions on the process of RMB internationalization. This paper takes the data of the past ten years as the main reference object and discusses it in three step in order to promote the benign process of RMB internationalisation. Firstly, it summarises the current research status of cross-border RMB internationalisation; secondly, it analyses the current status of cross-border RMB settlement and the impact of cross-border transactions on the process of RMB internationalisation; finally, it puts forward policy suggestions on cross-border transactions to promote the process of RMB internationalisation. 

Tingting Zhang. The Impact of Cross-Border Transactions on the Internationalization of Yuan: Evidence from January 2012 to February 2022. Academic Journal of Business & Management (2023) Vol. 5, Issue 2: 28-33. https://doi.org/10.25236/AJBM.2023.050206.

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