Luxembourg is banking on its strength in deposits, loans, investment funds and bonds in vying for a yuan investment quota. Photo: AFP
Luxembourg is banking on its strength in deposits, loans, investment funds and bonds in vying for a yuan investment quota. Photo: AFP

Luxembourg lining up for yuan quota

Officials from the nation, backed by largest pool of the Chinese currency deposited in Europe, will lobby Beijing for acceptance into RQFII scheme

Luxembourg is banking on its strength in deposits, loans, investment funds and bonds in vying for a yuan investment quota. Photo: AFP
Luxembourg is banking on its strength in deposits, loans, investment funds and bonds in vying for a yuan investment quota. Photo: AFP
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