The author is ANZ greater China chief economist Liu Li-Gang The People’s Bank of China (PBoC) appointed Bank of Communications’ Seoul Branch as the RMB clearing bank in South Korea today. We notice that the PBoC has appointed more official RMB clearing facilities in the offshore markets, spreading across different time zones. By our observations, […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.


Visit the original source and full text: China Money Network