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International Law

: China Briefing Blog

Hong Kong, Mainland Businesses to Use Yuan for Trade Settlement

By China Briefing

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Jun. 30 - Hong Kong businesses will soon be able to settle international trade in yuan with companies in Guangzhou, Shenzhen, Shanghai, Dongguan and Zhuhai starting next month. The agreement was formalized last Monday by Hong Kong Monetary Authority Chief Executive Joseph Yam and the People?s Bank of China Governor Zhou Xiaochuan. During the press conference, Zhou [...]

Full post as published by China Briefing Blog on June 29, 2009 (boomark / email).

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