25 June 2012
Special interest paper
Download 'Corporate and investor perspectives on London renminbi business' (1017k)
Download 'Corporate and investor perspectives on London renminbi business - executive summary in Mandarin' (106k)
This special interest paper, prepared for the City of London by Trusted Sources, examines the attitudes of corporates (non-financial corporations) and institutional investors towards RMB products and services. It examines the views and experiences of European firms using offshore RMB products and services. It shows that these firms welcome the opportunity to make transactions in RMB in the London market, access RMB-related financial services and invest in RMB-denominated assets and highlights the opportunities that the international RMB market offers to companies – for example allowing them to settle transactions, inject capital into their onshore operations and to repatriate their earnings.