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Results 1 - 10 of 13 for renminbi

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  1. 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
  2. Comment - Insight & Opinion

    Goal of yuan convertibility within reach

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

    ... Qu Hongbin Qu Hongbin expects the renminbi to be fully convertible in five years, not only because of the market's impressive growth so far but also, more importantly, because ... commodity producers have been caught in the country's powerful slipstream. This gravitational pull is not confined to purely economic developments. Thanks to the rise of the renminbi, the world ...

    http://www.scmp.com/comment/insight-opinion/article/1200364/goal-yuan-convertibility-within-reach
  3. Exporters' rebates trimmed in move to ease yuan row

    Posted Oct 11th 2003, 12:00am by Staff Reporter

    ... Rather than revalue the currency, Wen decides to squeeze manufacturers In an effort to ease international pressure to revalue the renminbi, the central government said yesterday ... 'This is in effect a 4 per cent revaluation of the renminbi,' said Dong Tao, chief economist for Credit Suisse First Boston in Hong Kong. For years, the Ministry of Finance has given export ...

    http://www.scmp.com/article/430721/exporters-rebates-trimmed-move-ease-yuan-row
  4. Blame game

    Posted Oct 13th 2011, 12:00am

    ... never labelled China a 'currency manipulator'. In fact, in real terms, the renminbi has appreciated by about 10 per cent against the US dollar this year. And there is little evidence that a stronger renminbi would reduce the US trade deficit with China or create jobs. In promoting the act, Snowe argued that 'if there were ever a moment to empower our workforce when it comes ...

    http://www.scmp.com/article/981738/blame-game
  5. Comment - Insight & Opinion

    Commitment to trade cements Hong Kong-Chile ties

    Posted Feb 21st 2013, 12:00am by MARIO IGNACIO ARTAZA

    ... in history that has been identified as one which will bring about profound changes for all Pacific-rim peoples. Given Hong Kong's status as an offshore renminbi market, Chile's Central Bank ...

    http://www.scmp.com/comment/insight-opinion/article/1154765/commitment-trade-cements-hong-kong-chile-ties
  6. Comment - Insight & Opinion

    Working with China is a far more productive strategy than exclusion

    Posted Oct 27th 2012, 12:00am by Tom Velk and Olivia Gong

    ... exporter earns foreign currency (for example, dollars), it sells the foreign money to the Chinese government via the domestic banking system, and gets renminbi in exchange- thereby increasing ...

    http://www.scmp.com/comment/insight-opinion/article/1070570/working-china-far-more-productive-strategy-exclusion
  7. Exporters' rebates cut in move to ease yuan row

    Posted Oct 11th 2003, 12:00am by Staff Reporter

    ... Export rebates cut in bid to ease yuan row In an effort to ease international pressure to revalue the renminbi, the central government will reduce tax rebates for exporters. The rebate ... revaluation of the renminbi,' said Dong Tao, chief economist for Credit Suisse First Boston in Hong Kong. Lawrence Sussman, a tax lawyer with a US law firm in Beijing, said the concession ...

    http://www.scmp.com/article/430720/exporters-rebates-cut-move-ease-yuan-row
  8. A fine balancing act

    Posted Mar 15th 2012, 12:00am

    ... contracts. 'That shows that the renminbi exchange rate may possibly have reached an equilibrium exchange rate,' he said. His government would push for 'relatively large-scale' ...

    http://www.scmp.com/article/995477/fine-balancing-act
  9. A question of the right balance

    Posted Oct 13th 2003, 12:00am by Laurence Brahm

    ... in a trade balance within one or two years, adding: 'In light of this trend, it is still early to evaluate whether the renminbi is undervalued or overvalued, and any adjustment accordingly would ... it is quite likely if China floated its currency that the value of the renminbi would depreciate, not appreciate.' He said an adjustment 'would move the currency in a direction that I think ...

    http://www.scmp.com/article/430875/question-right-balance
  10. Asia's hurdles to regional prosperity

    Posted Jul 18th 2010, 12:00am by Philip Bowring

    ... Korea's won, which fell from 9.5 to 13.5 to the yen in the past two years, is at least as undervalued as China's renminbi. In short, the global imbalances that were a root cause ...

    http://www.scmp.com/article/719981/asias-hurdles-regional-prosperity

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