日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

RMB clearing bank in London within sight

By Emma Dai in Hong Kong (China Daily) Updated: 2014-02-21 07:18

A renminbi clearing bank in London is on the horizon, the UK chancellor of the exchequer said on Thursday. The move is expected to boost the supply of yuan products in Europe and boost the development of the offshore renminbi market.

RMB clearing bank in London within sight

An employee prints a receipt for a China Unionpay transaction at a shopping mall in London. Zeng Yi / Xinhua  

"The UK and Chinese governments are in active discussions about the appointment of a renminbi clearing bank in London," said George Osborne, UK finance minister, when addressing the British Chamber of Commerce in Hong Kong. He said the first international renminbi conference in London will be hosted this summer.

London is now the only offshore renminbi center without an exclusive channel to obtain yuan liquidity and clearing service. Standard Chartered Bank joined with the Agricultural Bank of China in December to provide the services.

As the first offshore renminbi center, Hong Kong has had Bank of China as its renminbi clearing bank since 2003. BOC also was authorized by the People's Bank of China to be the yuan clearing bank for Taiwan at the end of 2012. Singapore acquired the Industrial and Commercial Bank of China as its clearing bank last February.

"It's very encouraging to hear the news," said Raymond Yeung, greater China senior economist for Australia and New Zealand Banking Group Limited (ANZ). "As the gate to access onshore market renminbi, a yuan clearing bank in London will boost the confidence of corporate clients across the Atlantic and thus encourage the usage of yuan as settlement currency for international trading.

"Besides, as a financial product innovation center, London will be able to contribute more yuan-denominated products," Yeung said.

"Given all the established partnerships, foreign companies will be more comfortable in developing renminbi products with banks they have been familiar with," said Steve Wang, chief China economist for Reorient Financial Markets Ltd.

RMB clearing bank in London within sight

RMB clearing bank in London within sight

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 2018天天干天天操 | 婷婷射 | 天天干天天谢 | 在线观看成人小视频 | 三级自拍 | 999精品视频 | 亚洲综合网址 | 中字av在线 | 国产色一区| 精品综合久久久 | 亚洲成人一区在线 | 在线观看国产小视频 | 日本二区在线观看 | 亚洲综合免费 | 成人h视频| 日本韩国一区二区三区 | 91福利视频在线观看 | h片在线免费看 | 操她视频在线观看 | 天堂在线免费观看视频 | 日本美女激情 | 国产成人av在线 | 99久久一区二区 | 欧日韩在线 | 免费av在线网址 | 2020av| 日韩欧美中文字幕在线视频 | 成人在线高清视频 | 国产在线观看一区二区三区 | 免费视频色 | 午夜特片网 | 午夜资源网 | 久久伊人在| 免费成人深夜夜视频 | 99热在线观看免费 | www.好了av | www.久久成人 | 在线免费黄色 | 亚洲国产精品久久久久久 | 性大毛片视频 | 国产91国语对白在线 |