Europe Likely to Become the Second Largest Offshore Market for the Yuan  

Europe Likely to Become the Second Largest Offshore Market for the Yuan

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作  者:Zhang Monan 

出  处:《Beijing Review》2015年第6期38-38,共1页北京周报(英文版)

摘  要:During the World Economic Forum annual meeting held from January 21-24, the People's Bank of China (PBC) signed a memorandum of understanding with the Swiss National Bank, agreeing to jointly establish an offshore yuan market in Zurich. At the same time, a consensus was reached on yuan clearing and settlement arrangements in Zudch. The World Economic Forum also saw an agreement regarding the inclusion of Switzerland into the Renminbi Qualified Foreign Institutional Investors (RQFII) pilot program with an invest- ment quota of 50 billion yuan ($8 billion). All these are paving the way for molding a European offshore yuan marketDuring the World Economic Forum annual meeting held from January 21-24,the People’s Bank of China(PBC)signed a memorandum of understanding with the Swiss National Bank,agreeing to jointly establish an offshore yuan market in Zurich.At the same time,a consensus was reached on yuan clearing and settlement arrangements in Zurich.The World Economic Forum also saw an agreement regarding the inclusion of Switzerland

关 键 词:欧洲 机构投资者 世界经济 人民银行 人民币 试点方案 PBC 备忘录 

分 类 号:F832.6[经济管理—金融学]

 

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