Regulation & Policy - All Articles

  • Germany talks up RMB future

    Germany is comfortably China’s largest trading partner in Europe, accounting for about a third of all EU-Chinese trade and for a large share of European FDI into China. That would seem to make Frankfurt a natural hub for renminbi (RMB) trading and settlement in Europe. Indeed, when Prime Minister Li Keqiang chose Germany as the destination for his first overseas trip as China’s Premier, in May 2013, he spoke of the economic “dream team” that the two countries could create if they intensified their co-operation. Can this also be applied to financial services, and if so, will it underpin the further expansion of Frankfurt as a financial centre? This was the focus of EuroWeek’s December roundtable in Frankfurt.

    • 24 Jan 2014
  • Cross-border RMB derivatives in store for Shanghai FTZ

    Chinese authorities intend to allow the use of cross border renminbi derivatives for hedging purposes by financial institutions operating in the Shanghai free trade zone, according to market officials.

    • 16 Jan 2014
  • China set to establish more FTZs in a year

    Financial experts at the Asian Financial Forum believe China’s government could set up more free trade zones in 12 months, and will accelerate the roll out of broad market reforms in Shanghai.

    • 15 Jan 2014
  • RMB round-up: January 9, 2014

    In this week’s round up of offshore renminbi news, Hong Kong deposits continue to rise, banks prep for Shanghai Free Trade Zone launch, and the IFC gets access to China’s interbank bond market.

    • 09 Jan 2014