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Results 61 - 70 of 1070 for renminbi

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  1. 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 ...

    http://www.scmp.com/comment/insight-opinion/article/1249133/currency-reforms-wont-be-stalled-yuan-volatility
  2. Fall and rise of the renminbi: 'people's currency' rides out downturn to become a global powerhouse

    Posted Sep 25th 2009, 12:00am by Staff Reporter

    ... a discount if I paid in renminbi,' Yang said. Thanks to rapid economic growth in recent decades and the fact China has emerged relatively unscathed from the economic downturn, the renminbi's purchasing power has strengthened, as has its ability to resist sudden fluctuations. In Hong Kong and some Southeast Asian countries, shop owners have long provided mainland tourists ...

    http://www.scmp.com/article/693519/fall-and-rise-renminbi-peoples-currency-rides-out-downturn-become-global-powerhouse
  3. 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 ...

    http://www.scmp.com/business/money/article/1475607/yuan-decades-away-being-global-reserve-currency
  4. Four cities chosen for renminbi trades

    Posted Mar 18th 2009, 12:00am by Paggie Leung

    ... Paggie Leung Guangdong has submitted a list of four pilot cities to the central government for the renminbi clearing scheme, which will allow companies to settle trades between ... for the renminbi settlement programme, Guangdong's Nanfang Daily reported. The proposal would allow about 300 companies in those cities to settle trade with enterprises in Hong Kong using the yuan, ...

    http://www.scmp.com/article/673652/four-cities-chosen-renminbi-trades
  5. Decision on renminbi transactions welcomed

    Posted Apr 10th 2009, 12:00am by Dennis Eng

    ... will be able to make use of RMB [renminbi] resources. Therefore, it provides greater security in this particular time of need and definitely will then create more jobs for Hong Kong. This will have ...

    http://www.scmp.com/article/676364/decision-renminbi-transactions-welcomed
  6. Tsang set to outline Hong Kong's role in renminbi clearing scheme

    Posted Apr 09th 2009, 12:00am by Paggie Leung

    ... Paggie Leung Chief Executive Donald Tsang Yam-kuen is expected to explain Hong Kong's role in the renminbi clearing scheme today after the State Council yesterday named Shanghai ... the nation's support for Hong Kong, saying that plans had been drawn up for renminbi trade settlement in the city, to be implemented as soon as they had received approval from the State Council. ...

    http://www.scmp.com/article/676234/tsang-set-outline-hong-kongs-role-renminbi-clearing-scheme
  7. 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 ...

    http://www.scmp.com/business/money/investment-products/article/1257273/growing-power-yuan
  8. Battle of the renminbi

    Posted Sep 13th 2003, 12:00am by Staff Reporter

    ... A bill has been introduced in the US Congress to impose economic sanctions on China if it refuses to revalue its currency, which is pegged to the US dollar. If the bill goes through, China's US$134 billion in exports to the US could suddenly face tariffs of nearly 30 per cent. The congressmen argue that China's renminbi exchange rate is artificially low and Chinese ...

    http://www.scmp.com/article/427761/battle-renminbi
  9. High interest in Hong Kong's new renminbi bank accounts

    Posted Feb 26th 2004, 12:00am by Carrie Chan

    ... Carrie Chan With the debate over patriotism raging, businessman Eddie Luk Ngai-ming yesterday expressed his love for his country in a different way: by opening a renminbi account at Bank of China headquarters. Yesterday was the first day that Hong Kong banks could offer their customers renminbi deposit accounts. But unlike most people who were attracted by higher interest rates ...

    http://www.scmp.com/article/445973/high-interest-hong-kongs-new-renminbi-bank-accounts
  10. Comment - Insight & Opinion

    China must resist calls to liberalise its capital account too much, too soon

    Posted Oct 08th 2014, 02:39pm by PROJECT SYNDICATE

    ... liberalisation. This option might initially appear attractive, particularly given the Chinese government's desire to internationalise the renminbi. But appearances can deceive. A new report argues ... countries' currencies. None of this is intended to suggest that the internationalisation of the renminbi should not take place in the foreseeable future. Given the importance of China in the global ...

    http://www.scmp.com/comment/article/1612073/china-must-resist-calls-liberalise-its-capital-account-too-much-too-soon

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