Leveraging Offshore RMB Transaction

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Leveraging Offshore RMB Transaction

Following the development of RMB cross-border settlement, offshore RMB transactions have been widely used out-of-Mainland China.

Leveraging Offshore RMB Transaction

Business area where the offshore RMB can be used

*1 RMB cross-border settlements for the individual are not yet permitted  (as of Feb-2014).
*2 "Offshore Loan" (direct loan from an offshore bank to an onshore company) has been conducted, although limited.

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