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Ann Shi

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China reignites X-border RMB cash-pool programme

China reignites X-border RMB cash-pool programme

China’s top policymaker turns on the tap (again) for companies to sweep renminbi funds across borders via two-way renminbi cash pooling ... though it's not entirely clear how this differs from the existing regime.
May 9, 2017
PBoC’s Yi sets out roadmap to a convertible RMB

PBoC’s Yi sets out roadmap to a convertible RMB

Deputy governor of China's central bank offers assurances and a plan for currency convertibility. While the RMB capital market has seen its pricing advantage ebb away, analysts expect it to open up.
Apr 26, 2017
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