'Right time' for London to build RMB business

2012-09-19 09:33

London's growing role in offshore yuan-denominated services will boost trade between China and Europe, lord mayor of the City of London said.

Yuan heads global

2012-07-13 13:19

If there is one thing in common between fashionable youths in hot pants flocking to high-end department stores in London and bankers in dark suits walking in and out of skyscrapers in the city's financial district, it might be their growing interest in the Chinese currency.

German lender sees growth in yuan business

2012-06-07 09:24

Commerzbank AG, Germany's second-largest bank, expects fast expansion in Chinese market, supported by rapid growth in yuan-denominated business.

Yuan gains favour with exporters

2012-07-13 12:36

A growing number of Chinese exporters expect wider use of the yuan in trade settlements to avoid rising exchange-rate risks, after watching export profits dwindle in recent years.

European network of Chinese banks grows

2012-07-13 12:32

An emerging network of Chinese banks is gradually unfolding across the European continent, with corporate and private clients standing to benefit from the additional services.

Developing global Chinese banks

2012-07-13 11:24

China's integration in the global economy requires not only Chinese enterprises to expand their global businesses, but also China's banking sector to accelerate its internationalisation.

LME approval for bank could spark others to follow

2012-07-13 11:24

The London Metal Exchange approved the international arm of Bank of China Ltd in April as its first Chinese member in its 135-year history, immediately making China the largest consumer of metals traded at the exchange.