Euromoney (February Issue)
2014/ 02/ 20 by jd in Global News
“London and Luxembourg are at loggerheads to become Europe’s leading offshore renminbi hub—although they wouldn’t let you know it.” Right now the competition looks evenly matched. “Competition, not cooperation, between the financial centres is spurring on the internationalization of the renminbi. The competition continues. And this is a good thing.”
Tags: Competition, Cooperation, Europe, Hub, Internationalization, London, Luxembourg, Offshore, Renminbi
