RMB Internationalization: These bonds contribute to the internationalization of the Chinese Yuan, enhancing its role in global finance. A Catalyst for Economic Development Panda bonds play a ...

Additionally, the buoyant issuance market for panda bonds in 2024 also played a key part in this internationalization blueprint. The number of direct participants of Cips, that is, banks that can ...

The tender results reflect the ongoing demand for RMB-denominated assets among global investors, which is crucial for the currency's internationalization. The RMB bill tender comes at a time when ...

The HKMA says in a release issued this week that the facility will be “a stable source of relatively lower-cost Rmb funds”. It will offer ... We hope you enjoyed your 4 free articles on GTR’s website ...

China's central bank governor vowed on Monday to resolutely guard against the risk of the exchange rate overshooting, which analysts said highlighted policymakers' growing priority of maintaining ...

CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to improve capital flows by allowing ...

In order to enrich the spectrum of RMB-denominated financial products with high credit ratings and improve the yield curve of RMB bonds in Hong Kong, the People’s Bank of China (PBC) is scheduled to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...

The USD/CNY pair continued its strong surge this week. China’s economic numbers showed that the country was experiencing deflation. There are concerns about the upcoming trade war with the US ...