Examining the economic impact of the British exit from the European Union likely won’t be a clear or precise process for several years to come. It was an incredibly dramatic economic and geopolitical development, and it will take us a very long time to be able to accurately identify any lasting effect it had on […]
Category: Currency
Britain to issue the first RMB (人民币) debt
The Chancellor announced Britain’s intention to become the first western country to issue a bond in China’s currency, the renminbi (RMB), as the sixth annual UK-China economic summit took place in London. In a clear sign of the growing strength of Britain and China’s economic ties, the government confirmed its intention to issue a RMB […]