Foreign businesses but to tap complete possible of RMB in trade
According to HSBC, the figures also highlight the large growth possible for yuan – denominated trading activities with Chinese companies, as China overtook the United States to become the world's largest trading nation in 2013 with its trade in goods …
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French and German Businesses Lead in Yuan Trade Usage, HSB
Some 26 percent of French corporates and 23 percent of German organizations now settle trades in the Chinese currency, the highest proportions apart from mainland China, Hong Kong and Taiwan. “China will have a greater propensity in employing the renminbi in …
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