The latest news on the renminbi, including offshore RMB financing, RMB in trade finance, cash management and regulatory updates. Click here to access the offshore RMB deals database, league tables, trade settlement, clearing volumes and offshore RMB deposits tracker. Follow the RMB Brief on Twitter @RMBBrief.
23 May 2013 | In this roundup of offshore renminbi news, Taiwan allows lifers to invest in renminbi products, Safe grants new RQFII quotas and J.P. Morgan helps client execute cross-border renminbi loan.
22 May 2013
The newly formed China Railway Corporation’s lack of clarity to whether its upcoming maiden renminbi bond will be government-backed calls the need for investors to price in potential risks, say experts.
21 May 2013
The UK bank has been voted the best provider of offshore renminbi products and services for the second time in a row, according to an increased number of corporates, financial institutions and investors.
Taiwanese regulators are making gradual efforts to develop its bao dao bond market, but the need for more foreign participation and removal of withholding tax policy is important for its long-term growth.
Newly-introduced renminbi wealth management products in Qianhai will likely have quotas attached, limiting the shifts of liquidity in and out of the economic zone, says the bank.
17 May 2013
New state-backed renminbi-denominated private equity funds may receive more lenient treatment for their capital when investing offshore than their non-state counterparts, private equity insiders say.
16 May 2013
Corporate treasurers are hoping that the renminbi sweeping mechanism will be made available in the near future, but Chinese policymakers’ tight control on capital accounts means that this is unlikely.
All in RMB archive »
21 May 2013 | The Thai MoF’s cosseting of investors is bordering on the ridiculous. The treasury must start letting bondholders think for themselves if it doesn’t want to damage the domestic market.
15 May 2013 | Korean credit rating agencies need to work harder to boost market transparency in order to instill confidence the nation’s financial system which has been plagued by rising delinquencies and NPLs.
14 May 2013 | The Philippines should employ macro-prudential measures to avoid the risk of being derailed by capital inflows due to its recent promotion to investment grade.
13 May 2013 | Japan has taken heat for tackling the yen before remedying the country’s inflating debt level. While this remains a serious issue, the reality is that Japan must kick the can to deal with debt later.
29 May 2013-31 May 2013 4-5 Star Hotel in Hong Kong, Hong Kong
05 June 2013 Ritz Carlton Pudong, Shanghai, China
06 June 2013-07 June 2013 Ritz Carlton Pudong, Shanghai, China