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Can Hong Kong deliver in trying to build its yuan credentials?

South China Morning PostPeople's Republic of China

Can Hong Kong deliver in trying to build its yuan credentials?

In September, Chief Executive John Lee Ka-chiu unveiled the city’s first five-year plan along with his policy address, highlighting Hong Kong’s strategic role in promoting the greater use of the yuan outside mainland China as a key priority. In the first of a four-part series on the internationalisation of the yuan, Lam Ka-sing and Denise Tsang examine Hong Kong’s efforts as an international financial centre to reform its market infrastructure, including building a larger offshore renminbi...

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