Opinion--China Economic Net

Opinion

Currency deals enhance global profile of RMB2014-07-09
If China was once jogging along the path toward internationalizing its currency, it is now running to challenge the US dollar as a global reserve currency.

Yuan takes another major step toward full convertibility2014-07-04
Banks can now set their own exchange rate s for the yuan against the dollar in over-the-counter transactions-another step toward freeing the exchange rate from government control.

Globalized RMB to stabilize world economy2014-06-28
The globalization of the yuan, or renminbi(RMB), will not only benefit the Chinese economy, but generate global economic stability, a senior banker has said.

London gains greater RMB quota2014-06-27
Institutional investors in London are looking forward to a larger Renminbi Qualified Foreign Institutional Investor quota, and are interested in"properly tradable"Chinese shares, said Mark Boleat.

Former ECB chief says China's RMB has bright future as global currency2014-06-26
China's currency, the renminbi, would play an increasingly important role in the international monetary system as the Chinese economy continued to grow rapidly, said Jean-Claude Trichet.

London, eurozone set to benefit from increased RMB trade2014-06-22
London and the eurozone look set to benefit in the future from increased trade in Chinese renminbi(RMB), as figures Thursday show yet another monthly increase in its use as a global currency.

Greater use of yuan benefits London2014-06-13
Use of the yuan in London is growing rapidly, and new milestones are looming:the appointment of a yuan clearing bank and Chinese banks being granted branch licences.

Chinese yuan, ever-more a global currency2014-05-17
The renminbi is gaining importance in international trade and investment and might ultimately challenge the US dollar, creating a "redback world".

Appetite growing for dim sum bonds, say experts2014-04-15
Dim sum bonds, or offshore yuan bonds, will see increasing demand, experts said, thanks to lower financing costs in Hong Kong and tightening liquidity on the mainland.

RMB to be global reserve currency by 2030: Economist2014-04-10
China's currency yuan is expected to become one of three global reserve currencies by 2030 on a par with the U.S.dollar and euro.

Internationalization of RMB could transform global capital markets: RBA Deputy Governor2014-03-26
The internationalization of China's currency, the renminbi(RMB), and the changes that accompany it, could eventually transform global capital markets.

Currency race2014-03-14
Though the renminbi has attracted a host of suitors from across the world, it is banking on a small European nation to boost its global standing as an investment currency.

Yuan maintains its strength in the future2014-03-03
No cause for alarm, free-market exchange rates fluctuate. Recent weakness in the yuan is viewed as a natural step in the evolution toward becoming a world reserve currency.

Renminbi may become global reserve currency2014-02-28
The renminbi could rival the US dollar as a leading international reserve currency despite obvious challenges, said Yves Mersch, a member of the Europe an Central Bank's executive board.

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Pakistani beef promoted in Pakistan National Pavilion to tap China's market

In an effort to promote Pakistani beef in Southwest China, the Pakistan National Pavilion in Chengdu, capital city of Sichuan province southwest China has recently showcased a batch of heat-treated Pakistani beef.