WHY IS THE CITY OF LONDON BECOMING THE BANKER OF THE RENMINBI?

Why is China working to help The City of London become the banker of the Renminbi?

When was this agreement reached between China and The City of London?

How has Brexit enabled this agreement?

How does China seek to benefit now that the UK has left the EU?

Things seem to have started around 2012, which is when the EU began to implement stricter regulations on financial services and banking following the financial crisis of 2007/8.