trade finance

New Business

HKMA plans to launch US$13.7 billion facility to support yuan-settled international trade

The Hong Kong Monetary Authority (HKMA) said it would launch a 100 billion yuan (US$13.7 billion) funding facility at the…

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New Business

Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions

The use of the yuan in trade finance is gaining momentum as companies seek cost efficiencies and supply chain diversification…

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