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Sunday, April 28, 2013

France eyes becoming trading hub for China yuan

France eyes becoming trading hub for China yuan

Hong Kong, China (AFP) April 26, 2013
Paris has what it takes to become the eurozone's main offshore trading hub for the Chinese yuan, French Finance Minister Pierre Moscovici said in Hong Kong on Friday. Moscovici told an audience of Chinese businessmen that the currency, also known as the renminbi (RMB), "has taken on a growing role on the international stage". "The Paris financial market has exactly what it takes to becomhttp://www.terradaily.com/reports/France_eyes_becoming_trading_hub_for_China_yuan_999.html

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