Accessing the CNH Market for Cost Effective Working Capital
Standard Chartered (August 2011)
While the evolution of the Chinese yuan (CNY) trade settlement scheme has attracted much attention, recent developments in the offshore CNY bond market in Hong Kong have opened up an alternative funding channel for foreign corporations wishing to do
business on the Mainland. This article examines these developments and outlines the new opportunities they present for cross-border trade settlement. Read full article.