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- Title
Q&A: Why should you use renminbi?
- Abstract
An interview with Debra Lodge, managing director at HSBC Global Market, is presented. She discusses the opportunities for the investors and the business in the U.S. in conducting a business with China, and mentions the thirteenth Five-Year Plan that focuses on increasing the annual gross domestic product (GDP) growth by 2020 to around seven percent. She comments on the use of renminbi (RNB) by the companies in the U.S. to perform deals with China. She mentions that the use of renminbi in place of U.S. dollars can help the companies to have instant savings.
- Subjects
LODGE, Debra; EXECUTIVES; HSBC Bank PLC; INVESTORS; GROSS domestic product; RENMINBI; U.S. dollar
- Publication
China Business Review, 2016, p1
- ISSN
0163-7169
- Publication type
Interview