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  • September 2, 2014
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Results 1 - 10 of 33 for renminbi

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  1. Business - Banking & Finance - CURRENCIES

    Yuan decades away from being global reserve currency

    Posted Apr 11th 2014, 10:18am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Yuan remains decades away from global status Despite the significant progress Beijing has made in broadening global use of the yuan, observers say the mainland currency has more often been chased by speculat ...

  2. Yuan currency, two systems. Time to ditch 'foreign renminbi'

    Posted Mar 26th 2011, 12:00am by Shirley Yam

    ... with Shirley Yam Does China consider the renminbi traded in Hong Kong and overseas a domestic currency or a foreign one? I ask this question- academic, if not incomprehensible, to some- ... of power, naming a thing is always important because it will determine who has a say on it and who cares about it. Ever since the launch of the internationalisation campaign in 2009, renminbi ...

  3. Comment - Insight & Opinion

    Currency reforms won't be stalled by yuan volatility

    Posted May 30th 2013, 12:00am by JU WANG

    ... Ju Wang Ju Wang assesses efforts to curb speculation amid the liberalisation drive Currency reforms won't be stalled by yuan volatility The renminbi has experienced increasing ... inflows have helped make the renminbi one of the bestperforming major currencies this year, at a time when growth in China is slowing. A further concern is that some of these inflows appear ...

  4. Business - Money - CURRENCIES

    Growing power of the yuan

    Posted Jun 10th 2013, 12:00am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com The mainland currency has risen steadily to a record high against the US dollar, its stability and positive yield catching investors' attention Growing power of the yuan The yuan has continued its strong run, rising to ...

  5. Comment - Insight & Opinion

    Australia takes lead in wider yuan role

    Posted May 01st 2013, 12:00am

    ... SCMP Editorial A major step towider yuan role Though hardly a week goes by without news of the increasing international role of the yuan, it tends to be of immediate interest to market professionals because it is so gradual. Beijing's capital account ...

  6. Business - Economy - CURRENCIES

    France out to build on gains as yuan hub, consul general in Hong Kong says

    Posted Jul 28th 2014, 04:26am by Enoch Yiu

    ... beyond trade finance and use the currency for investment. France is the first euro-zone country to receive a quota under the renminbi qualified foreign institutional investor scheme, having been ...

  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 ...

  8. Revaluation of yuan ruled out

    Posted Jul 25th 2003, 12:00am by Staff Reporter

    ... must maintain renminbi [yuan] stability,' he said at the Asia-Europe Meeting economic ministers' conference, which ended yesterday. 'But it doesn't mean we won't adjust ... at the concluding press conference. The ministers tried their best to avoid the controversy surrounding the renminbi policy. They did not even talk about it during their ministerial meeting. But they could ...

  9. Harvard dean urges yuan revaluation

    Posted Apr 03rd 2004, 12:00am by Chris Yeung

    ... of Chinese have been buying renminbi offshore, they must think it's going to be appreciated.' He said the yuan could be revalued by about 20 per cent. Professor Vietor, who is an expert ...

  10. Business - Economy

    China adviser sees yuan supplant US dollar in 30 years

    Posted May 27th 2013, 10:53am by Reuters

    ... Reuters in Shanghai Chinese central bank advisers says liberalization of China’s capital account is inevitable A Chinese central bank adviser sees the Renminbi superseding the US dollar ... 30-odd years to 2040, China should adopt a three-step strategy to achieve the internationalization of the Renminbi, also known as the yuan. The first decade would push the rise of the yuan ...




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