Building the RMB's Role as an Investment Currency in the Offshore Market
Since Beijing started to promote its currency internationalization strategy in 2009, the RMB has swiftly stretched its role in international trade in the gradually expanding offshore market. However, shortfalls of the RMB offshore market such as limited liquidity provision and market scope cast doubts over investors’ interest in long-term holdings of the RMB.
This roundtable will consider what the biggest challenges are for rising offshore RMB hubs like Taipei and London to sustain RMB business in the long run, and how offshore hubs and centres can cooperate to strengthen RMB’s role as an investment currency in the offshore market.
This is event is held with the support of Standard Chartered Bank (Taiwan) Limited and the British Trade and Cultural Office in Taipei.
Attendance at this event is by invitation only.