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RMB will become major settlement currency

HSBC survey released in May, the RMB is likely to become one of  three major settlement currency of global trade this year.

 

2015, China's foreign trade volume of more than half will be settled in RMB, total $ 2 trillion.

 

HSBC survey:  RMB is expected to exceed pounds, become one of the three main settlement currency  in the next six months .

 

In mainland China, RMB  will exceed the euro , is expected to become the second trade settlement currency ,first is  U.S. dollar.

Survey shows that: the five settlement money for trade business in the next six months  is:   U.S. dollars, euros, RMB, pounds and yen