RMB to be 3rd largest int'l currency by 2020: report2014-07-22
The Chinese currency renminbi(RMB), or yuan will become the world's third largest currency after the U.S.dollar and Euro by.

RMB developing quickly as major world currency2014-07-21
The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday.

China eases cross-border investment, financing controls2014-07-15
China announced another modest easing of foreign exchange controls Monday, allowing offshore investment and financing through special purpose entities(SPEs).

Cross-border use of yuan on the rise2014-07-14
The Cross-border RMB Index (CRI), an index tracking cross-border yuan trading activities, continued an upward trend in May, showing a steady outflow of the Chinese currency, according to the latest data released by Bank of China (BOC) over the weekend.

China-Singapore RMB cash transfer begins2014-07-10
Cross-border cash transfer of the renminbi(RMB)between China and Singapore began on Wednesday in Guangzhou.

Foreign companies yet to tap full potential of yuan in trade2014-07-10
Benefits of transactions in yuan are publicized at an international financial exhibition in Wuhan, Hubei province.

Tianjin Eco-city plans cross-border yuan deals2014-07-10
Tianjin will launch a pilot program for companies and individuals in the Sino-Singapore Tianjin Eco-city to conduct cross-border yuan transactions with Singapore, Tianjin Vice-Mayor Zong Guoying told a news conference on Wednesday.

Global investors hunger for dim sum bonds2014-07-08
Despite a faltering renminbi, record high issuance and growing appetite around the world have reaffirmed the offshore yuan bond as a tempting investment.

Yuan deposits makes up over 20 pct of foreign currency deposits in S.Korea2014-07-04
Chinese yuan deposits in the banking sector of South Korea surpassed a landmark 20 percent of the total foreign currency deposits for the first time in June, central bank data showed Friday.

Luxembourg plans further financial collaboration with China2014-07-04
Luxembourg is eager to expand financial collaboration with China and it will continue to grow as an offshore yuan market, its Finance Minister Pierre Gramegna said in Shanghai on Thursday.

Luxembourg eyes Europe bridge2014-07-04
Luxembourg wants to expand financial collaboration with China as it develops itself as an offshore yuan market and acts as a bridge to Europe, Finance Minister Pierre Gramegna said in Shanghai yesterday.

Luxembourg vies to be RMB base2014-07-02
Luxembourg vows to be the leading offshore yuan trading center in Europe and serve as a gateway for Chinese financial institutions to gain access to the European market, said the finance minister of Luxembourg at a press conference in Beijing on Tuesday.

RMB in full vogue in South Korea2014-07-01
Chinese tourists no long need to bring a large amount of U.S. dollars when travelling in South Korea, as they can choose to use China UnionPay, or even RMB in cash in some stores.

China signs RMB business MoUs with Luxembourg, France2014-06-30
The People's Bank of China on Sunday announced that it has inked two Memorandum of Understandingon renminbi business with the central banks of Luxembourg and France.