Monday, August 22, 2022

LONDON AS A CENTRE FOR RENMINBI BUSINESS

This was published over 10 years ago by the All Party Parliamentary China Group:

The City of London Corporation has produced a resource pack showing how European companies will get clear benefits from using London’s renminbi (RMB) denominated products and services.

The pack explains in clear terminology how companies can use the yuan as an alternative currency to the US dollar or the euro and outlines the multiple benefits of using RMB denominated products.

And now The City of London is becoming the banker of the Renminbi.

What was the role of Brexit in this?

And the role of the virus?

See : London as a Centre for Renminbi Business



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