haku: @author Zhuang, Jun / yhteensä: 9
viite: 9 / 9
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Tekijä:Zhuang, Jun
Otsikko:On the risk and significance of opening the Renminbi service in foreign-funded banks (original in Chinese)
Lehti:Economics Information (c)
1997 : 5, p.14-18
Asiasana:FOREIGN BANKS
BANKING
MONETARY POLICY
CHINA
Kieli:chi
Tiivistelmä:Beginning from 1997 the Shanghai Pudong new area will take the lead in opening Renminbi business in foreign-funded banks, which indicates marked progress in the internationalisation of finance with Chinese characteristics This pioneering practice will play a positive and significant role in better utilising world capital market, enlarging indirect funding scale, promoting direct foreign investment in China, optimising the structure of products of hi-and-new technology, enhancing the international competitiveness of the banks of our country, building up domestic financial market, improving techniques of macro-regulation, speeding up the construction of international centre of finance and accelerating the internationalisation of RMB, but the risk involved is not to be treated lightly.
SCIMA tietueen numero: 164874
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