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https://www.ft.com/content/3570a184-4ddc-11e0-85e4-00144feab49a
Mar 14, 2011 · Beijing’s municipal government has agreed to set up China’s first local currency fund for outbound investments with A Capital Asia, a European-owned private equity group, in an attempt to ...
https://www.frbsf.org/banking/asia-program/pacific-exchange-blog/renminbi-internationalization-bumpy-road/
Jul 13, 2016 · The Bumpy Road towards Renminbi Internationalization. July 13, 2016 ... Recent events have given support to these more skeptical views. A more volatile exchange rate and dampened growth expectations for the Chinese economy have halted, and in some cases led to reversals in, the renminbi’s path towards becoming an international currency ...
https://en.wikipedia.org/wiki/Internationalization_of_the_renminbi
Since the late-2000s, the People's Republic of China (PRC) has sought to internationalize its official currency, the Renminbi (RMB). RMB Internationalization accelerated in 2009 when China established the dim sum bond market and expanded Cross-Border Trade RMB Settlement Pilot Project, which helps establish pools of offshore RMB liquidity. In 2013, the RMB was the 8th most traded currency in ...Simplified Chinese: 人民币国际化
https://en.wikipedia.org/wiki/Renmimbi
The ISO code for renminbi (which may also be used for the yuan) is CNY (an abbreviation for "Chinese yuan"), or also CNH when traded in off-shore markets such as Hong Kong. The currency is often abbreviated RMB, or indicated by the yuan sign ¥.The latter may be written CN¥ to distinguish it from other currencies with the same symbol (such as the Japanese yen)..mw-parser-output .nobold{font-weight:normal} 1: yuán (元)
https://www.ey.com/cn/en/services/specialty-services/china-overseas-investment-network/ey-navigating-the-belt-and-road-financial-sector-help-pave-the-way-for-overseas-expansion
Enterprises need financial support for overseas expansion. ... Lift the geographic restrictions for Renminbi bonds issued overseas; Simplify the approval procedures for overseas listing, merger and ... let policy banks play their roles, and absorb social capital to provide long-term financial support by means of bond and fund issuance.
https://www.brookings.edu/blog/brookings-now/2015/08/19/whats-the-difference-between-the-renminbi-and-the-yuan-the-answer-to-this-and-other-questions-in-renminbi-internationalization/
Aug 19, 2015 · Brookings Now What’s the difference between the renminbi and the yuan? The answer to this and other questions in “Renminbi Internationalization”
https://www.investopedia.com/articles/forex/061115/yuan-vs-rmb-understanding-difference.asp
In October 2016, the renminbi was added to the list of the top-five most-used currencies, in addition to the U.S. dollar, euro, yen, and British pound, making it part of the IMF’s Special ...
https://www.vaneck.com/library/vaneck-vectors-etfs/chlc-statutory-prospectus-pdf/
Renminbi Bond ETF CHLC Principal U.S. Listing Exchange for the Fund: NYSE Arca, Inc. OCTOBER 11, 2011 The U.S. Securities and Exchange Commission (“SEC”) has not approved or disapproved these securities or passed upon the accuracy or adequacy of this Prospectus. Any representation to the contrary is a criminal offense.
https://blogs.cfainstitute.org/investor/2012/02/28/renminbi-internationalization-outlook-and-offshore-centers/
Apart from Hong Kong, will there be large-scale development of other offshore centers for the renminbi? I think it depends on the next step of development of the renminbi. At present, the volume of overseas renminbi is still mainly concentrated in Hong Kong. In the future, I think Singapore may become a second offshore center, and London a third.
https://www.empea.org/app/uploads/2017/10/Snapshot-of-Renminbi-Internationalization-Trends-Under-One-Belt-One-Road-Initiative.pdf
entered into two renminbi denominated transactions with the Russian Direct Investment Fund announcing the establishment of an RMB68 billion investment co-operation fund and an RMB6 billion loan to support a fund for innovation. Both transactions are also intended to support expansion in infrastructure and encourage private
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