久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

Foreign companies yet to tap full potential of renminbi in trade

By Cecily Liu in London (China Daily) Updated: 2014-07-10 07:16

Foreign companies yet to tap full potential of renminbi in trade

Benefits of transactions in yuan are publicized at an international financial exhibition in Wuhan, Hubei province. HSBC Holdings Plc estimates that about one-third of China's trade will be settled in yuan by 2015. Sun Xinming / For China Daily

Survey finds Chinese currency can be handy for cross-border transactions

Overseas companies are yet to realize the full benefits of using the renminbi as an invoice currency when doing business with China, said a new survey commissioned by global banking and financial services organization HSBC Holdings Plc.

The survey, released on Wednesday, shows that although 59 percent of the respondents plan to increase cross-border activities with the Chinese mainland over the next 12 months, only 22 percent currently settle transactions in yuan.

Foreign companies yet to tap full potential of renminbi in trade
Beijing, Seoul agree to directly trade currencies 
According to HSBC, the figures also highlight the huge growth potential for yuan - denominated trading activities with Chinese companies, as China overtook the United States to become the world's largest trading nation in 2013 with its trade in goods passing $4 trillion. HSBC estimates that about one-third of China's trade will be settled in yuan by 2015.

Mark Emmerson, head of global trade and receivables finance for HSBC in the United Kingdom, says there are many benefits to invoicing imports and exports in yuan for international businesses when trading with China.

Emmerson said most foreign companies move toward the yuan invoicing model at the request of their Chinese partners, who look favorably on overseas partners who use the yuan as it shows commitment and eliminates foreign exchange risks.

He said that most foreign companies use yuan to manage import and export, but some also do it for liquidity management reasons. For instance, foreign companies that export to China as well as manufacture in China would find it easier to receive yuan from Chinese customers and use this currency to manage their factories.

The survey questioned 1,304 international and Chinese companies that have cross-border trade activities. HSBC commissioned global market research firm Nielsen Holdings to conduct the survey. The field work for the survey was done between April 3 and May 7 this year.

According to the survey, two-thirds of the companies in the Chinese mainland and Hong Kong Special Administrative Region said foreign firms doing business with China gain both financial and relationship advantages while using the yuan, but awareness of these benefits varies widely in overseas markets.

Half of the respondents from Singapore, 44 percent from the US and 42 percent from the UK said they believe yuan usage brings financial benefits, but less than one third of their German and Canadian peers share the view.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 日本68xxxxxxxxx老师 | 中国成人免费视频 | 日韩三及片 | 久草在线视频免费 | 一级做a爰片毛片 | 成人黄色在线视频 | 国产成人深夜福利在线观看 | a级毛片免费高清视频 | 国产香蕉尹人综合在线观 | 一级片在线免费看 | 欧美美女色 | 精品热线九九精品视频 | 国产高清在线免费视频 | 久久久久免费精品视频 | 欧美在线成人午夜影视 | 东莞a级毛片 | a级片在线观看视频 | 日本一区二区三区在线 视频观看免费 | 99久久精品免费国产一区二区三区 | 黄色三级欧美 | 亚洲一区在线播放 | 国产色视频一区二区三区 | 日本特级黄毛片毛片视频 | 91丨九色丨首页在线观看 | 色综合久久88中文字幕 | 成人做爰在线视频 | 欧美性精品videofree | 欧美日韩一区二区不卡三区 | 99国产精品九九视频免费看 | 欧美一级大尺度毛片 | 最新欧美精品一区二区三区不卡 | 欧美一级特黄特色大片 | 亚洲国产精品a在线 | 久久久精品国产免费观看同学 | 欧美日韩在线看 | 九九视频在线看精品 | 日韩毛片欧美一级a网站 | 亚洲一区 在线播放 | 成人免费黄色网址 | 日韩成人免费在线视频 | 特级aaa片毛片免费观看 |