The Renminbi Center
Tracking the most authoritative commentators on the internationalisation of the Chinese Yuan
Peter G. Zhang's Commentaries
Commentary 
The Rmb will be one of the ten most internationalised currency by 2020
From its current position as the 20th most internationalised currency in the world, China’s Rmb will play an increased role in the international community and trade finance.
Commentary 
Hong Kong plays an important role in Rmb adoption
Hong Kong has many financial institutions, experienced professionals and a well-developed market mechanism to help other financial centres transition to the Rmb.
Other Guest Commentaries
London, Taiwan and Singapore grow as Rmb offshore hubs
Date: May 08, 2012
Author:
Baron Laudermilk
Categories:
Hong Kong,
Singapore,
Taiwan,
Trade Finance,
Transaction Banking
Keywords:
Rmb,
London,
International Transactions,
Foreign Exchange Transactions,
Economic Cooperation Framework Agreement,
Currency Trade Swaps
Accounting for 46% of renminbi foreign exchange transactions and 30% of payments sent and received outside of Hong Kong and China in 2011, London is gaining strength as an offshore hub for the currency.
News and Press Releases received