jun 18, 2014 - New Chinese currency trading agreement strengthens UK - China economic ties
Description:
-RMB sterling trading direct, without the US Dollar, lowering exchange / transaction costs for UK and Chinese companies
-City of London Corporation Renminbi Business Volumes Report; increase of Renminbi Products by over 140% in 2013 - daily volume of $18.7bn
-Growing liquidity in London's RMB markets
Added to timeline:
RMB internationalisation
Dissertation timeline
Date:
