The Rise and Rise of Offshore Renminbi

There has been a great deal reported in the media about the fiscal and currency reforms that are taking place in China. However, although progress has been relatively rapid, rigorous controls still exist, so treasurers should be realistic about their business and financial needs before considering whether to start buying, selling, or investing in RMB. This paper from Citi looks at:

 

  • Trading opportunities in RMB
  • The potential for investment, borrowing and FX in offshore RMB
  • The implications of the current trend towards liberalization
  • Choosing the right time for your business
     

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