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Thursday, October 13, 2011

HSBC believe that most companies will switch to the yuan to invest in the Mainland

HSBC believe that most companies will switch to the yuan to invest in the Mainland HSBC Asia Pacific business strategy and economic advisor George Leung. Foreign direct investment in the new arrangement the yuan, to complement our position as an offshore center for yuan less than in the past RMB savings accounts Hong Kong designed with the future development of more loans and bonds can be, I believe rising demand, the development of a breakthrough of RMB in Hong Kong. He believes that local banks would like to see this development, as in Hong Kong ...HSBC believe that most companies will switch to the yuan to invest in the Mainland

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