Behind the scenes, China has continued to enhance its financial infrastructure so as to increase global usage of the renminbi. Photo: Reuters
Behind the scenes, China has continued to enhance its financial infrastructure so as to increase global usage of the renminbi. Photo: Reuters
Yuan

Renminbi internationalisation is gaining momentum again

Helen Wong believes China’s continuing efforts to open up its financial and capital markets, and the trade boost that will come from the launch of the belt and road projects, will help the renminbi regain its momentum of going global

Behind the scenes, China has continued to enhance its financial infrastructure so as to increase global usage of the renminbi. Photo: Reuters
Behind the scenes, China has continued to enhance its financial infrastructure so as to increase global usage of the renminbi. Photo: Reuters
READ FULL ARTICLE