An Infographic Of The RMB In The Year Of The Monkey

For many years, the Chinese currency could be used only inside the country.

Since China embarked on a course to internationalize the RMB starting in the mid 2000s, the Chinese currency is now increasingly used for international trade, investment and as a reserve currency.

As the Year of the Monkey begins, HSBC publishes an infographic highlighting some of the milestones in the RMB’s journey toward becoming a major currency worldwide.

rmb-in-the-year-of-the-monkey-700x1724

(Source: HSBC Holdings plc)

 
China Expert network

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