CNS News, 14 People's Bank of China announced an expansion of renminbi cross-border use of new initiatives, which allows foreign investors and foreign direct investment banks for RMB settlement business. Reuters reported that the Hong Kong Wen Wei Po, China's central bank said, "Foreign direct investment in RMB clearing business management approach" has been officially released. Previously, in order to ensure safe and orderly conduct of business, to prevent "hot money" opportunity ...China's central bank announced to allow foreign direct investment in RMB clearing business
Thursday, October 13, 2011
China's central bank announced to allow foreign direct investment in RMB clearing business
CNS News, 14 People's Bank of China announced an expansion of renminbi cross-border use of new initiatives, which allows foreign investors and foreign direct investment banks for RMB settlement business. Reuters reported that the Hong Kong Wen Wei Po, China's central bank said, "Foreign direct investment in RMB clearing business management approach" has been officially released. Previously, in order to ensure safe and orderly conduct of business, to prevent "hot money" opportunity ...China's central bank announced to allow foreign direct investment in RMB clearing business
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