25 June 2015
Policy practitioner paper
Download 'London RMB business volumes 2014' (655kb)
This report covers the development of the London renminbi market for the full year of 2014.
The overall findings fit with the key trends identified in previous London RMB business volumes reports in this series. Although market volatility continues, RMB business is developing globally both in terms of volume and in the breadth of products and services denominated in the currency. UK growth matches well this global trend and we expect London will maintain its position as a leading centre for RMB business for the foreseeable future, bringing with it even more opportunity within what remains a nascent but hugely exciting emerging financial market.
This report was authored by Bourse Consult and published by the City of London. Renminbi ascending: How China's currency impacts global markets, foreign policy and transatlantic financial regulation
This report, authored by the Atlantic Council and developed in partnership with the City of London Corporation, Standard Chartered and Thomson Reuters, analyses the key drivers behind the ‘internationalisation’ of the renminbi (RMB) and the impact this will have on the global financial system, including important implications for transatlantic monetary, regulatory and foreign policy. In doing so, it identifies future areas of reform needed to efficiently move the process forward and illustrates important links to macroeconomic, macroprudential and macropolitical strategies.
Download 'Renminbi ascending: How China's currency impacts global markets, foreign policy and transatlantic financial regulation' report (3.2mb)