RMB Loans China Cross-Border Transactions

News & Analysis as of

Pilot Development of Cross-border RMB Loans in Qianhai District

The first batch of cross-border RMB loan agreements were signed on January 28, 2013. A total of 15 lenders, including HSBC Holding Plc and Industrial & Commercial Banks of China (Asia) Ltd., will provide about RMB 2 billion...more

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