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Foreign firms: RMB settlement to avoid loss of
Time:2010-1-11 1:34:17 Hits:83
Foreign firms: RMB settlement to avoid loss of nike dunk shoes
In his view, what the currency is a means of settlement. The current settlement, in the Singapore dollar, the yuan this bridge between the more U.S. dollars, resulting in no need of foreign exchange losses, if the dollar signs of trouble, may also bring huge losses on exchange. Thus, including in Singapore, including businessmen hope that we can try to RMB.
"But now is not the time." Lu Mang said the main reason is inconvenient, it is difficult from the first Singapore bank to get enough yuan; second, the renminbi clearing banks are too few; and third, many of China's foreign trade enterprises do not have a pilot with the identity of the RMB settlement. "China - ASEAN Free Trade Area is established, only expect a faster pace in the pace of internationalization."
Now settled in Singapore, mainly businessmen Lu mang take care of China - ASEAN trade, he was in the domestic procurement of clothing, footwear and other daily necessities, and then commissioned the Guangzhou Sai Wan Road, exporters of goods sent to Singapore. In an interview when the newspaper interview, said the network, Singapore and China to do business,nike dunk shoes most people still use the U.S. dollar clearing, which has become a fixed settlement patterns.
In his view, what the currency is a means of settlement. The current settlement, in the Singapore dollar, the yuan this bridge between the more U.S. dollars, resulting in no need of foreign exchange losses, if the dollar signs of trouble, may also bring huge losses on exchange. Thus, including in Singapore, including businessmen hope that we can try to RMB.
"But now is not the time." Lu Mang said the main reason is inconvenient, it is difficult from the first Singapore bank to get enough yuan; second, the renminbi clearing banks are too few; and third, many of China's foreign trade enterprises do not have a pilot with the identity of the RMB settlement. "China - ASEAN Free Trade Area is established, only expect a faster pace in the pace of internationalization."
Now settled in Singapore, mainly businessmen Lu mang take care of China - ASEAN trade, he was in the domestic procurement of clothing, footwear and other daily necessities, and then commissioned the Guangzhou Sai Wan Road, exporters of goods sent to Singapore. In an interview when the newspaper interview, said the network, Singapore and China to do business,nike dunk shoes most people still use the U.S. dollar clearing, which has become a fixed settlement patterns.
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