Chan highlights ‘strong business case’ for renminbi use

Central Banking Newsdesk
15 May 2012

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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

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