Business / Yuan goes global

HK relaxes yuan restrictions

[2012-07-26 11:42]

Hong Kong will let nonresidents purchase an unlimited amount of yuan, as it seeks to defend its position as the global hub for international finance.

Yuan bonds provide funding opportunity in Italy

[2012-07-19 17:31]

Yuan-denominated bonds can be a valuable investment opportunity for Italian companies struggling in recession, Italian analysts said Wednesday.

Yuan included in Trade Finance Program

[2012-07-18 16:21]

The likelihood that yuan will be used more widely in settling intra-regional transactions has prompted the Asian Development Bank to include the currency in its Trade Finance Program.

Yuan to figure more in Sino-African trade

[2012-07-13 13:26]

Trade between China and Africa will be increasingly settled in yuan, and Chinese financial institutions should prepare for that development.

China promotes yuan convertibility

[2012-07-05 10:10]

Nearly ten years after China started to relax some of its capital controls, the country is now making more aggressive steps toward that end.

Policy easing to lure QFIIs

[2012-06-16 09:29]

Further policy easing is expected to attract more QFII to the mainland market preparing for the complete opening of the capital account.

Official: Yuan much more convertible

[2012-05-17 09:18]

China's currency is just around the corner from being fully convertible and the economy's capital account is already far more convertible.

Expanded QFII quotas signal of faster opening up

[2012-04-05 08:04]

Chinese regulators are promoting the opening-up of the capital markets by expanding quotas for foreign investment at a record pace.

Time right for China's capital account: official

[2012-02-23 16:09]

China currently faces a strategic opportunity in opening its capital account, a central bank official has said.

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