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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (273)8/11/2003 12:54:25 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
China to discuss plans for yuan offshore businesses in Hong Kong: report



A group of Chinese banking officials and financial experts will visit Hong Kong later this month to discuss plans to set up offshore yuan businesses there, it was reported on Monday.

The group, led by Li Yang, director of the Chinese Academy of Social Science, will be in Hong Kong on August 23 to study the feasibility of setting up offshore renminbi businesses in the territory, the China-backed Wen Wei Po said, citing unnamed sources.


channelnewsasia.com