TRENDING Chinese yuan can be a trade currency: Ex-HKMA head

TRENDING

Chinese yuan can be a trade currency: Ex-HKMA head

People's Daily app

22:55, June 23, 2020

In a recent interview, Joseph Yam Chi-kwong, former chief executive of the Hong Kong Monetary Authority, said that more and more people have used the yuan in terms of current accounts, namely for trade. He believes that the Chinese yuan has a potential to be a trade unit in the capital market and is a direction for Hong Kong’s development.

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