The Pilot RMB Trade Settlement Scheme and RMB Internationalisation
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The Pilot RMB Trade Settlement Scheme and RMB Internationalisation
The pilot RMB Trade Settlement Scheme announced by the Chinese mainland will not only help Hong Kong's trading community, but also strengthen its financial infrastructure. As an international financial centre having handled RMB business since 2004, Hong Kong looks set to further benefit from the RMB's progressive internationalisation, with considerable medium-to-long term opportunities for enriching the offer of RMB services.
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