Taiwan bolsters its renminbi market

Taiwanese regulators and investment banks hope the popularity of China's currency will lead to a boom in issuance of renminbi Formosa bonds.
Taiwan - from early February - took only three months to have deposits of Rmb60 billion.
Taiwan - from early February - took only three months to have deposits of Rmb60 billion.
September 13, 2013

Taiwan’s push to become a renminbi hub appears to be bearing fruit.

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