RMB China Currency Matters

Hong Kong's Role in Building the Offshore Renminbi Market | Chatham House: Independent thinking on international affairs: "China's expanding trade will spur the development of a wider RMB deposit base in Hong Kong, boosting its position in international banking markets. At the same time, this will promote the holding of RMB in foreign exchange reserves by central banks, particularly within Asia. This development alone could propel the RMB into a significant position among the top international currencies."

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