2011-05-31marketwatch.com

``More than half of China's trade, or about $2 trillion, is expected to be settled in yuan by 2015, according to Montgomery Ho, head of commercial banking at HSBC China... About 45% of the 1,300 companies surveyed said they plan to settle some trades in yuan in the next year, while 33% said they would consider using the yuan depending on pricing or services offered by banks. ''



Comments: Be the first to add a comment

add a comment | go to forum thread