Shanghai FTZ to allow cross-border yuan payment for trade2014-02-19
Five third-party payment firms have received the green light to handle yuan-denominated cross-border payment in Shanghai's free trade zone.

Cities vying to become new offshore RMB center2014-01-15
There are reportedly 10 cities around the world competing to become an offshore renminbi center, and the growing rivalry has led to a Hong Kong official's call for the Chinese mainland to further relax trading rules for the currency in the Special Administrative Zone.

Chinese yuan becomes 2nd most used currency for trade finance2013-12-04
The yuan overtook the euro to become the second most used currency in global trade finance in October, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) said yesterday.