Currencies of China

What bank research reports don't tell you about the yuan

23 Aug 2012

Yet another research report about how the yuan is set to challenge the US dollar as the world's dominant reserve currency popped into my e-mail inbox yesterday.

Subsidies keep Rongsheng Heavy Industries in black

22 Aug 2012

China Rongsheng Heavy Industries, the mainland's largest shipbuilder in terms of order backlog, saw interim net profit for the six months ended June 30 plunge 82.3 per cent to 215.77 million yuan...

Yuan's globalisation will take a while

21 Aug 2012

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....

Meilan plans dual-currency IPO in Hong Kong

14 Aug 2012

Meilan International Holdings, a mainland chemical producer, may become the first company to raise both yuan and Hong Kong dollars with a planned dual-currency initial public offering in the city...

IMF takes a softer line on yuan

26 Jul 2012

The International Monetary Fund called China's currency 'moderately undervalued' and expressed confidence the mainland economy will grow by 8 per cent this year - faster than the government's...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

Retail investors less hungry for dim sum bonds

Retail investors in Hong Kong are showing less appetite for dim sum bonds this year, as expectations of rapid gains in the value of the currency diminish.

Australia seeks direct yuan conversion, a threat to US dollar's dominance

Australia plans to work with China to allow direct conversion between the Australian dollar and the yuan, which would make it the third country to have such a bilateral currency arrangement.

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Yuan internationalisation runs into some problems

For the last couple of years the grand panjandrums of Hong Kong's banking sector have banged on relentlessly about how the internationalisation of the yuan is our financial future.

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London faces liquidity test in yuan-hub bid

London is not competing with Hong Kong in developing a yuan trading centre, a top executive at the City of London Corp said yesterday during a tour to promote the British city's role as a Western...

Less appetite for dim sum bonds this year

Several banks in Hong Kong said retail investor appetite for China's sovereign debt issue was weaker than last year, partly reflecting expectations that the yuan's appreciation is likely to slow...

Feast of sovereign bonds a real gift

Bankers say the government's record 23 billion yuan (HK$28.2 billion) dim sum bond offer will boost the city as an offshore yuan trading centre and cement the renminbi as a true international...