Summary | 2007 Mainland and commercial banks are allowed to
issue RMB bonds in Hong Kong. 2008 China signs bilateral
currency swap arrangement with South Korea (RMB180 billion).
RMB takes the place of U.S. dollars as the major currency in
the arrangement. RMB is used as the major currency. Pilot
scheme launched for eligible institutions to invest in ...
issue RMB bonds in Hong Kong. 2008 China signs bilateral
currency swap arrangement with South Korea (RMB180 billion).
RMB takes the place of U.S. dollars as the major currency in
the arrangement. RMB is used as the major currency. Pilot
scheme launched for eligible institutions to invest in ...
china-briefing.com | 25 November 2014