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Singapore will outshine as a RMB wealth management hub – opinion
June 20, 2012
From Chien Mi Wong
Singapore has the wealth management capability and infrastructure to become a hub for the renminbi, and could potentially thwart Hong Kong’s supremacy in this area.
As the development of the offshore renminbi market gathers pace and the currency takes its initial footprints outside the territory where it was launched – Hong Kong – discussion is increasing around new hubs, particularly London and Singapore. The latter...
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