Abstract: | RMB capital account openness has attracted increasing attention in recent 10 years, a great many papers focused on the topic, they are mainly relevant to effectiveness and effects of capital control, effects of capital account policies, possible effects of capital account full openness, relationship between capital account openness and RMB internationalization, and the practical problems of RMB capital account openness. The paper sorts out all the relevant literatures and proposes research outlook. |