Print this page
Tuesday, 01 April 2014 09:34

Internationalisation of RMB: Luxembourg still a world class hub

Written by 
Rate this item
(0 votes)

London, Frankfurt and Paris have reinforced this week their RMB capabilities, hence contributing further to the internationalisation of the Chinese currency. In this article by Luxembourg publication Paperjam (in French) Mr. Nicolas Mackel, CEO of Luxembourg for Finance and member of ChinaLux Advisory Board, explains that although apparently London can claim victory over other financial centres for their recent share of RMB-trading resources, Luxembourg's versatility and pragmatism in terms of cross-border investment solutions, gives the Grand Duchy numerous cards to play in a race that is far from over.

Read 1288 times Last modified on Tuesday, 01 April 2014 10:00

Media

RMB: Luxembourg devancé dans la course