2013-10-23
China-Singapore Deal Pushes RMB Internationalisation To A New High
The author is ANZ (The Australia and New Zealand Banking Group) Research Singapore and China agreed on new initiatives to strengthen financial cooperation and regulation. Specifically, Singapore will be granted an RQFII (RMB Qualified Institutional Investor) quota of RMB50 billion. Singapore will be considered as one of the investment destinations under the new Renminbi Qualified […]
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