Implications of renminbi liberalisation for corporates

Renminbi liberalisation is gathering pace after China’s easing of restrictions on foreign access to the interbank bond market. What should corporates make of this development?

Implications of renminbi liberalisation for corporates

The liberalisation of the renminbi took another small but significant step in mid-August when restrictions on foreign lenders’ investments in mainland China’s interbank bond market were eased. This is the fourth development affecting the currency in the past three months and comes only four weeks after the liberalisation of renminbi transactions in Hong Kong.

FinanceAsia talks to Lisa Robins, J.P. Morgan’s head of treasury securities services for China, for an assessment of how this development will affect companies...

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