Appetite for offshore renminbi to grow – UK’s Osborne

By FXStreet FXStreet (Mumbai) – Chancellor George Osborne was on the wires today stating that he expects the appetite for offshore renminbi to grow.

Key Quotes

Still enormous appetite for offshore renminbi despite recent volatility.

Stock markets in UK and China should be formally connected so firms can raise money from savers in either country.

Chinese authorities should be supported as they remain committed to market liberalization.
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Source:: FX Street