Kenya correct in its bid to be a RMB hub – opinion

24 Sep 2013

Africa is a key geography for Chinese trade and political relations - and it will become an increasingly important part of Beijing’s bid to internationalise the renminbi. It’s about time one of the region’s countries takes a lead.

Becoming an offshore renminbi hub is all the rage.

From Asia Pacific, Hong Kong, Singapore, Sydney, Tokyo, Taipei, Vientiane and Wellington have sought to position themselves as offshore renminbi leaders. In Europe, Frankfurt, London, Luxembourg and Paris have been ...

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