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Relaxing yuan conversion limit can boost Hong Kong's role in offshore investment

The renminbi is well on its way to becoming an international currency. Hong Kong has developed the largest renminbi offshore liquidity pool with retail deposits and cross-border trade settlement and is demonstrating sustainable growth.

27 Jun 2016 - 11:50AM

The renminbi is well on its way to becoming an international currency. Hong Kong has developed the largest renminbi offshore liquidity pool with retail deposits and cross-border trade settlement and is demonstrating sustainable growth.

Relaxing yuan conversion limit can boost Hong Kong's role in offshore investment