Renminbi

Renminbi

Investor Relations | Strategy
Foreign direct investment from China reached a record $94.2bn in 2016. However, a further 30 deals worth $74bn were cancelled

Chinese foreign investment spree reined in amid clampdown on capital outflows

Foreign direct investment from China reached a record $94.2bn in 2016, yet a further 30 deals worth $74bn were cancelled
Forex and Brokerage | Markets
The Chinese renminbi has fallen to 6.8729 against the US dollar, marking its lowest point in eight years

Chinese currency hits eight-year low

The Chinese renminbi continues to tumble as markets respond to Trump’s victory in the US presidential election
Banking | Central Banking
The Chinese yuan has been officially added to the IMF's list of reserve currencies. China hopes the move will reduce the global dependency on the US dollar

Chinese RMB officially joins the IMF’s reserve currency list

China’s yuan has been officially added to the International Monetary Fund’s list of reserve currencies
Markets
Many accused China of undervaluing its currency, renminbi, in order to gain an unfair advantage for its exports. The IMF has refuted such claims, however

IMF: renminbi no longer undervalued

After years of accusations, the Chinese government is no longer accused of currency manipulation
Insurance | Videos | Wealth Management

Choy Chung-Foo on Renminbi insurance | BOC Group Life Assurance | Video

World Finance interviews Choy Chung-Foo, CEO of BOC Group Life Assurance, on the internationalisation of the Renminbi currency

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