RMB cross-border settlement between China and the UK doubled in 2018
New report shows uptick in settlement and clearing between China and the UK, as London retains title of having the largest share of RMB payments outside of greater China.
Tag: RMB
China’s MSCI inclusion: Now it’s time to deliver
China’s inclusion into the MSCI Emerging Markets Index on 1 June 2018 has sparked a wave of excitement for foreign investors, but how active will they be as the market opens up and can the infrastructure handle the incoming trading volumes?
China-UK access scheme expected to take shape
China’s capital market reforms – having faced pointed questions about their viability and durability initially – are steaming ahead.
Working group igniting RMB trading and clearing in the US
The Industrial and Commercial Bank of China has issued its first RMB-denominated certificate of deposit in the US, with the backing of a working group.