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      New RMB figures confirm Luxembourg is Number 1 in Europe

      New RMB figures confirm Luxembourg is Number 1 in Europe
      New figures from the Bank of China reveal that in 2013, RMB business in Luxembourg grew by 123%, exceeding growth rates of major Asian hubs like Hong Kong and Singapore. With RMB deposits now topping RMB 56 billion and loans RMB 67.2 billion, Luxembourg is strengthening its position as the number one international Renminbi centre in the Eurozone.
      With RMB internationalisation currently one of the most talked-about issues in the world of finance, the Chinese Luxembourg Chamber of Commerce (ChinaLux) gathered together leading experts to discuss how Luxembourg can build on its position as the leading RMB centre in the Eurozone.
       

      ChinaLux debates RMB from Luxembourg For Finance on Vimeo.