RMB gains currency with multinationals

A poll by Allen & Overy shows MNCs warming to the renminbi, using the currency to expand business and raise onshore renminbi funds through panda bonds.

Multinationals are adjusting their posture towards the renminbi from “nice to have” to “must have,” as the currency becomes essential to their cross-border business strategy.

¬ Haymarket Media Limited. All rights reserved.

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