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Category: Currency

The relationship of the Yuan (CNY) to the British pound will become significant

Currency, Finance September 20, 2016 neehao

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 […]

Britain to issue the first RMB (人民币) debt

business, Currency, Finance, UK-China News September 16, 2014 neehao

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 […]

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