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Published on Thursday, August 25, 2011 | Updated on Thursday, June 16, 2016

The puzzling project of RMB internationalization and its consequences for Europe

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Summary

Li Kechiang’s recent visit to Hong Kong gave the city another batch of measures to further internationalizionalize the use of the RMB. Hong Kong was delighted to see its role reinforced as the premier financial center for off-shore RMB business.