Chinese Yuan (RMB)

Chinese Yuan (RMB) – Google News
China Kicks U.S. Private Equity Aside as Renminbi Funds Dominate – San Francisco Chronicle

China Kicks U.S. Private Equity Aside as Renminbi Funds Dominate
San Francisco Chronicle
It coincides with China's stepped-up efforts to develop home-grown firms, such as Beijing-based Hony Capital Ltd., and as individuals and institutions pump money into a market that favors the yuan, also known as renminbi, over the dollar.

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China Kicks US Private Equity Aside as Local Funds Rise – Bloomberg


Bloomberg
China Kicks US Private Equity Aside as Local Funds Rise
Bloomberg
It coincides with China's stepped-up efforts to develop home-grown firms, such as Beijing-based Hony Capital Ltd., and as individuals and institutions pump money into a market that favors the yuan, also known as renminbi, over the dollar.
RMB continues to lose groundFX-MM

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Why China’s RMB exodus IS the story – FT Alphaville (blog)

Why China's RMB exodus IS the story
FT Alphaville (blog)
(Traders get more renminbi than they probably should.) Since this creates an excess renminbi liquidity issue, the government simultaneously offers yuan-denominated bills to the market so as to absorb the huge amounts of yuan-denominated cash that it …

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HKMA promotes offshore RMB business in Tokyo – China Daily


CRIENGLISH.com
HKMA promotes offshore RMB business in Tokyo
China Daily
Norman Chan, chief executive of the HKMA, said that the growing trade links between China and Japan presented a strong business case for the use of renminbi, or the yuan, in enhancing the efficiency of these activities. In recent years, China is …
HK Ready to Expand RMB BusinessCRIENGLISH.com
Tokyo seminar on Hong Kong as Offshore Renminbi Centre for Global Businesses7thSpace Interactive (press release)

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The Evolution Of Yuan Policy – Seeking Alpha

The Evolution Of Yuan Policy
Seeking Alpha
China's currency policies and utilization of fiscal mechanisms to artificially deflate the yuan (RMB) have been subject to scrutiny by its major trading partners, especially the United States, for years now. In fact, last October, tensions boiled over …

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Show your appreciation – HSBC Global Banking and Markets

Show your appreciation
HSBC Global Banking and Markets
Of course, there are differing takes on renminbi policy within China too. As we reported in WiC55 officials at the central bank probably see a stronger yuan in a more positive light, especially as a tool in the battle against inflation.

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Average Chinese Family Assets, RMB 2.5 Mln? – CRIENGLISH.com


CRIENGLISH.com
Average Chinese Family Assets, RMB 2.5 Mln?
CRIENGLISH.com
The report, which is the first of its kind charting the financial condition of Chinese families, shows that on average, the assets of a Chinese family amount to about 2470000 yuan. Many netizens have responded saying that they are far behind the …

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More RMB depreciation cannot be ruled out – FX-MM

More RMB depreciation cannot be ruled out
FX-MM
Noticeable over recent months is that all those commentators and talking heads who have claimed for so long that China's currency is massively undervalued have gone into hibernation. Because what has become abundantly clear is that the analysis that …

Trade Settlement Using Renminbi To Increase This Year, Says HSBC Bank China – Bernama

Trade Settlement Using Renminbi To Increase This Year, Says HSBC Bank China
Bernama
KUALA LUMPUR, May 11 (Bernama) — Trade settlement using the Chinese renminbi is expected to increase to 20 per cent of China's total trade volume this year from about nine per cent in 2011, HSBC Bank (China) Company Ltd said. Its Group General Manager …

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China puts aside 6 Billion RMB ($960 mill USD) for New Energy Car Subsidies – China Car Times


China Car Times
China puts aside 6 Billion RMB ($960 mill USD) for New Energy Car Subsidies
China Car Times
A green vehicle development plan approved by the State Council in April set a cumulative output target of 5 million hybrid and electric vehicles (EV) by 2020. ($1 = 6.3222 Chinese yuan) ash 010 web avatar China puts aside 6 Billion RMB ( $960 mill USD …

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