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According to Luxembourg's Government promotion agency Luxembourg for Business, Luxembourg ranks second behind Singapore but before London in terms for RMB payments. Here are some graphs and figures from their website. 

On these same lines, Financial Times published a recent article gives an overview of the potential of  the RMB as a foreign currency. 

CHINALUX Founder Member Cargolux wil keep operating its China flights fro Findel as estated by Luxembourg Transport Minister Mr. François Bausch.

Cargolux China would be the name, operated from Luxembourg and with headquarters in Zhengzhou, as stated by CEO Dirk Reich.

European institutional clients want to get ahead of trends but they lack expertise to invest onshore. Citi'sre-domiciliation to Luxembourg of one of its UCITs funds is one example of the attempts made by asset managers to cater for this demand. See summary article on Asian Investor 

The Association for Chinese Lawyers in Europe (ACLE) is born, and they are delighted to invite you to their official inauguration ceremony, that will take place next 3 December 2014 at Le Royal. 

In order to put a mark on this memorable day, ACLE have kindly invited Mr. Jingzhou TAO, Chair, Commission on International Commercial Arbitration of ICC China; Managing Partner responsible for developing the Asia Practice, Dechert LLP, Beijing. He will address a topic of utmost importance for us all: 

China´s Outbound Investments in the EU – Are you ready ?


For more details and registration, click here




At least this is the question that the survey conducted by Swiss bank Julius Baer and Bank of China puts on the table. Asian Investor makes an excellent summary of the results of the report, which go beyond Chinese wealthy investors' understanding (or not) of financial markets. A good read.

Friday, 10 October 2014 13:16

Luxembourg, a good place for doing business

Bank of China Hong Kong Asset Management and Citi, promote their BOCHK RMB High Yield Bond Fund transferred from Cayman to Luxembourg and domiciled as UCITs.

As reported here by Chronicle

Thursday, 09 October 2014 13:42

CHINA, the Magazine - Luxembourg Launch

CHINALUX in collaboration with 360 Crossmedia, has invited its members to the official launch of this pioneering Luxembourg publication. CHINA Magazine, will undoubtedly open new channels for communication and understanding between China and Luxembourg. CHINALUX is proud to participate in the editorial committee of this exciting magazine. We look forward to sharing this exclusive event with our members.

Not yet confirmed but if it this was eventually the case, the purchase would prove the attractiveness that Luxembourg does have for Chinese investors.