The AsianInvestor/FinanceAsia RMB Rising conference, held at the Renaissance Harbour View hotel in Hong Kong on October 26, was an event not to be missed. Lively debates ensued between leading investors, bankers and corporate executives on the future of the Chinese currency.
Participants discussed the development of the renminbi bond market; access to the China story; the impact of renminbi on foreign exchange markets; mini-QFII schemes; the renminbi as a reserve currency; and, what the easing of trade settlement means for businesses in Asia.
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