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  1. Business - Banking & Finance - TRADE

    More countries use yuan to settle international payments

    Posted May 23rd 2013, 12:00am by JANE CAI

    ... Jane Cai in Beijing xuejun.cai@scmp.com More use yuan to settle international payments More countries are using the yuan to settle payments, a development that underscores the increasing internationalisation of the currency. Of the 160 countries that settled payments with Hong Kong and the mainland last month, 47 had at least 10 per cent of their transfers made out in the yuan, according ...

  2. News - China - TRADE

    Canada looks east with professional services expo in Hong Kong

    Posted Apr 14th 2013, 12:00am by Charlotte So

    ... its trade reliance on the United States by expanding into China has found an effective launching pad in Hong Kong, says Canadian International Trade Minister Ed Fast. Fast, who was speaking yesterday on the sidelines of the International Information and Communications Technology Expo in Wan Chai, said Hong Kong was now Canada's seventh largest export market for professional ...

  3. News - China - OFFICIAL VISIT

    Iceland PM Johanna Sigurdardottir arrives in Beijing

    Posted Apr 14th 2013, 12:00am by Staff Reporter

    ... Staff Reporter Iceland PM arrives in Beijing to sign historic free trade agreement Iceland's Prime Minister Johanna Sigurdardottir arrived in Beijing yesterday at the start of a five-day official visit to China. Sigurdardottir is expected to meet wit ...

  4. Business - Economy - TRADE

    China's April export data beats market target

    Posted May 08th 2013, 10:42am by Victoria Ruan

    ... nations and yuan appreciation. Economists widely believe that many exporters have moved goods into and out of bonded areas as well as Hong Kong, an international trade transfer hub, to forge trade ...

  5. News - China - TRADE

    Canton Fair spring session ends with 9pc rise in orders over October

    Posted May 06th 2013, 12:00am by Mimi Lau

    ... Mimi Lau in Guangzhou Mimi.lau@scmp.com China's trade performance makes slight gains amid signs that global economy is on the mend with more deals signed than at October session Canton spring fair closes on an upbeat note Despite a weak export market ...

  6. News - China

    China warns EU against protectionism on solar panels

    Posted May 09th 2013, 09:14pm by AFP

    ... Agence France-Presse in Beijing Beijing urged the European Union on Thursday to avoid engaging in protectionism, after Brussels proposed an anti-dumping levy on imports of Chinese solar panels. The EU’s executive arm, the European Commission, is consideri ...

  7. Business - Comment - MONITOR

    'Made in America' means added pain for Hong Kong

    Posted May 02nd 2013, 12:00am by Tom Holland

    ... Tom Holland City could lose its regional cost advantage as cheaper fuel and fresh investment help bring the US dollar- and the HK dollar- back to life 'Made in America' means added pain for Hong Kong For the past 10 years, Hong Kong's econo ...

  8. Comment - Insight & Opinion - JAKE'S VIEW

    HKMA's push for yuan as an economic pillar is puzzling

    Posted Apr 28th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp HKMA's puzzling push for yuan as an economic pillar The Hong Kong Monetary Authority's measures came as the [yuan] climbed to a 19-year high against the US dollar amid strong growth in the use of yuan for worldwide trade and investment. It is now the 13th-most used currency for international payments. SCMP, April 26 Why should a company outside ...

  9. Comment - Insight & Opinion

    Goal of yuan convertibility within reach

    Posted Mar 27th 2013, 12:00am by QU HONGBIN

    ... financial system is also beginning to be radically reshaped. The renminbi has played a relatively limited role in international trade and capital markets but this is changing - fast. The pace ... account for a third of China's international trade and take its place among the world's top three trade currencies. But the story is much bigger than trade. The rise of the redback ...

  10. News - China - ECONOMY

    China to strengthen regional exchanges amid rising trade

    Posted Mar 10th 2013, 12:00am by Teddy Ng

    ... Teddy Ng in Beijing teddy.ng@scmp.com Economic exchange in the region is higher than bilateral trade with United States and Europe China to boost regional ties amid soaring trade Beijing will look to enhance exchanges with neighbouring countries as trade ...




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