Eddie Yue
Coverage of Eddie Yue in the Nexus archive.
- Markets, not politics, will make China’s yuan a global currency
The article argues that the yuan's global adoption hinges on market-driven factors rather than political efforts. It highlights that practical usage by entities like treasurers in Jakarta or banks in Riyadh, through funding and investment at predictable costs, will determine its international success. Current progress appears stronger in policy discussions than in actual financial operations.
- Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand
Hong Kong will expand its yuan facilities for banks by 150% to US$73.6 billion starting this Friday. The city will also introduce a new electronic fixed income and currency trading system to promote yuan trading, as announced by local market regulators.
- Hong Kong yuan facility to expand 150% to US$73.6 billion to meet international demand
Hong Kong is expanding its yuan facilities by 150% to US$73.6 billion to meet international demand, effective this Friday. The city is also introducing a new electronic fixed income and currency trading system to promote yuan trading, as announced by local market regulators.