Heard at the IQPC Offshore Renminbi conference

We attended the IQPC 2nd Annual Offshore RMB Market conference at Hong Kong on 12-13 september 2012. Here are some… Continue reading »

MOU on renminbi clearing in Taiwan signed

2012-8-31 FT reports: Taiwan banks to clear renminbi transactions August 31, 2012 4:34 pm By Sarah Mishkin in Taipei and… Continue reading »

CSRC lower the requirements for QFII.

2012-7-27 CSRC lower the requirements for QFII.   中国证券监督管理委员会公告 证监会公告[2012]17号 《关于实施〈合格境外机构投资者境内证券投资管理办法〉有关问题的规定》 2012年7月27日   Article in the Asset magazine: Chinese securities… Continue reading »

Non-residents can now open renminbi bank accounts in Hong Kong

2012-7-25 Non-residents can now open renminbi bank accounts in Hong Kong from 1 August 2012, announces HKMA. The announcement in… Continue reading »

Value of RMB payments increased 17-fold since October 2010, says Swift

2012-7-23 Swift reports: Value of RMB payments increased 17-fold since October 2010, the most spectacular growth of any major currency…. Continue reading »