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  1. Comment - Insight & Opinion

    The growth dividends of an international renminbi

    Posted Nov 08th 2012, 12:00am by YANG TAO

    ... economic growth Grow with the flow In terms of trade clearing, the renminbi has become a regional "hard" currency, and has a large and growing influence with neighbouring trade partners. Meanwhile, a number of Asian, African and Latin American countries already regard renminbi products as reserve assets. And, in addition to accelerating innovation in Hong Kong's offshore ...

    http://www.scmp.com/comment/insight-opinion/article/1077187/growth-dividends-international-renminbi
  2. Comment - Insight & Opinion

    World must prepare to accept renminbi as a global currency

    Posted Oct 29th 2012, 12:00am by ANITA FUNG

    ... than later Renminbi rising China has made extraordinary strides towards internationalising the renminbi, and it is now time the international community recognises that the global economic architecture needs to evolve to keep pace with the changes. While the world has been focusing on Europe's woes and America's new stimulus programme, the renminbi quietly passed another key ...

    http://www.scmp.com/comment/insight-opinion/article/1071884/world-must-prepare-accept-renminbi-global-currency
  3. Comment - Insight & Opinion

    Does democracy matter for renminbi success?

    Posted Oct 17th 2012, 12:00am by BARRY EICHENGREEN

    ... Barry Eichengreen Barry Eichengreen says at the least, China needs a more rules-based, transparent bureaucracy Does democracy matter for renminbi success? China has unveiled its first ... on the international stage. In carving out a global role for the renminbi, Chinese policymakers are proceeding deliberately. So, will China's plan succeed? The answer, in my view, turns on how China ...

    http://www.scmp.com/comment/insight-opinion/article/1062556/does-democracy-matter-renminbi-success
  4. Renminbi takes a major step towards acceptance

    Posted Feb 24th 2012, 12:00am

    ... Keith Chan The launch of Renminbi Qualified Foreign Institutional Investors (RQFII) funds in Hong Kong last month is seen as a major step towards transforming renminbi into an internationally accepted currency. It is expected to accelerate the pace of developing Hong Kong into the world's premier offshore renminbi centre. RQFII is one of a package of central government ...

    http://www.scmp.com/article/993512/renminbi-takes-major-step-towards-acceptance
  5. Comment - Insight & Opinion

    Offshore yuan market gets into its stride

    Posted Aug 20th 2012, 12:00am by Donna Kwok

    ... The offshore renminbi market in Hong Kong has just turned two years old and the currency has made extraordinary strides. Since it took its first toddler steps in July 2010, the daily turnover in the offshore renminbi foreign exchange market has risen from essentially nothing to US$4billion, and one-tenth of China's trade is now settled in its home currency, up from 2per cent two years ...

    http://www.scmp.com/comment/insight-opinion/article/1018577/offshore-yuan-market-gets-its-stride
  6. Comment - Insight & Opinion

    Diaoyus fallout sees China refocus RMB push to Australia, Canada

    Posted Oct 22nd 2012, 12:00am by G. BIN ZHAO

    ... for renminbi internationalisation Direct route On June 1, direct trading began between the renminbi and the Japanese yen, a step which will play a significant role in the process of China's ... for renminbi internationalisation. Therefore, it has become necessary for China to seek direct exchanges between the renminbi and other major currencies. This means the Australian dollar and Canadian ...

    http://www.scmp.com/comment/insight-opinion/article/1066539/diaoyus-fallout-sees-china-refocus-rmb-push-australia-canada
  7. Business - Comment

    Yuan's globalisation will take a while

    Posted Aug 21st 2012, 12:00am by Jake Van Der Kamp

    ... Jake Van Der Kamp Don't hold your breath for a global yuan The internationalisation of the renminbi is expected to continue to pick up pace, alongside the ongoing liberalisation of China's exchange rate, capital account and domestic financial market. Donna Kwok, HSBC Greater China economist, Insight page, August 20 You hear a lot of that line these days. Who says the yuan ...

    http://www.scmp.com/business/article/1019568/yuans-globalisation-will-take-while
  8. Comment - Blogs

    ICBC expands in Middle East

    Posted Nov 15th 2012, 12:43pm by Doug Young

    ... Doug Young ICBC's latest expansion in the Middle East marks a broader international drive that could make the bank a top global player in the next 5-10 years. ICBC (1398.HK; Shanghai: 601398) is easily China's most outward-looking bank, and it i ...

    http://www.scmp.com/comment/blogs/article/1082973/icbc-expands-middle-east
  9. Comment - Insight & Opinion

    Brighter days ahead for China's economy

    Posted Sep 17th 2012, 12:00am by G. BIN ZHAO

    ... that of the US. Second, the renminbi is forecast to become freely convertible within 10 years and possibly will be competing with the US dollar in two decades. In recent discussions, it was thought this first step could be realised in five years. I believe it will probably happen by 2020, or when Chinese GDP becomes the largest in the world. The renminbi will surpass the euro and the yen ...

    http://www.scmp.com/comment/insight-opinion/article/1038443/brighter-days-ahead-chinas-economy
  10. Sydney vies to be latest offshore yuan market

    Posted Jun 28th 2012, 12:00am

    ... sophisticated financial infrastructure, Sydney has a natural advantage in becoming an offshore centre for the renminbi business,' said Dr Ligang Liu, chief China economist for ANZ, Australia's ...

    http://www.scmp.com/article/1005209/sydney-vies-be-latest-offshore-yuan-market

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