KC Chan on renminbi globalisation

KC Chan, Hong Kong’s secretary for financial services and the treasury, discusses the opportunities and challenges arising from the renminbi’s development.

Speaking at an event in Hong Kong hosted by the UBS International Centre of Economics in Society at the University of Zurich, keynote speaker KC Chan, Hong Kong’s secretary for financial services and the treasury, gave his views on the recent liquidity crunch in China and the liberalisation of the renminbi:

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