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RMB Trading Hubs Can Save You Money

Learn how an elite group of RMB trading hubs can save you 8% on your China sourcing.

In our blog post “Pay suppliers in RMB and save big” we explained how Chinese suppliers commonly build a “buffer” into dollar-denominated contracts to guard...

RMB’s exchange rate more flexible. Your risk just doubled. What to do?

The China Daily runs the headline “Yuan’s trading reform gains momentum, risk prevention needed.” Expanding the yuan’s floating band is a significant...

Pay suppliers in RMB and save big

The China Daily ran an interesting article about how more and more UK retailers are paying their Chinese suppliers in RMB  (Chinese Yuan or CNY) rather than USD or...

my appreciation of the RMB depreciation!

For the first time since I can remember, the RMB (AKA Chinese Yuan or CNY) didn’t appreciate today. For the past 5 years the trend is pretty obvious. Just look at...

RMB: The Best Currency for China Trade

In addition to a sea of change in international tax regulation, Hong Kong is making efforts to become the preferred location of Trade Settlement in RMB (see China Focus...

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