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Sovereign Wealth Funds Briefing - Categorized | Trends

HKMA promotes offshore RMB business in Tokyo

Posted on 17 May 2012

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Trade Development Council organized a seminar on promoting offshore renminbi (RMB) business in Tokyo on Tuesday.
Norman Chan, chief executive of the HKMA, said that the growing trade links between China and Japan presented a strong business case for the use of renminbi, or the yuan, in enhancing the efficiency of these activities………………………………………..Full Article: Source


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