Chan highlights ‘strong business case’ for renminbi use

Norman Chan, chief executive of the Hong Kong Monetary Authority (HKMA), today (May 15) said the growing trade links between China and Japan presented a "strong business case for the use of renminbi in enhancing the efficiency of these activities".

Chan's comments were part of his keynote address at the joint HKMA - Hong Kong Trade Development Council seminar on Hong Kong: Offshore Renminbi Centre for Global Businesses, held in Tokyo. The event attracted more than 200 representatives from corpor