London to become the main overseas Yuan trading center

Note: This section contains information in English only.
Source: China.org.cn
London is expected to become the main Yuan trading center in the overseas market as the UK cooperates with Hong Kong in an attempt to develop this business. The HKMA and UK Treasure agreed on Monday to launch new private sector forum aimed at strengthening ties between the UK and Hong Kong in areas like clearing, settlement, development of Yuan-denominated products and market liquidity. China and the UK already agreed on development offshore Yuan market as London is perfectly located as a gateway for investment from Asia, said George Osborne, UK Chancellor of the Exchequer.


Back to articles

Actual Topics

Tue, 17 Jan 2012 09:27:54 GMT

Crude oil advances above $100 a barrel during Asian trade

Crude oil futures advanced above $100 a barrel during electronic trade following positive data on China's economic expansion. Light, sweet crude oil February contract traded at $100.27 during Asian trade, on the New York Mercantile Exchange, gaining $1.57 or 1.6% since opening.

Tue, 17 Jan 2012 10:25:55 GMT

Rio Tinto announces record high iron ore production

Rio Tinto PLC announced, it increased output of core steel-making commodities in the last quarter of 2011, with its iron ore production attaining a record high level of 51.2 million metric tons, indicating yearly increase by 2% in Q4. Full year production of iron ore advanced by 4% to 191.8 million tons, while the output of coking coal surged by

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.