China’s currency, the renminbi (RMB) has become international with breath-taking speed as a result of steps taken by China’s authorities to open up the country’s financial markets. As the market for offshore RMB grows, non-Chinese companies’ use of the currency is expanding and changing dramatically. The Allen & Overy team has commissioned  a new report  conducted by the Economist Intelligence Unit, that examines how companies based outside of China are using the RMB and how that usage is changing. 

• As a corporation, do these findings resonate with you and your business?  
• As a bank, is there an increasing demand for RMB services from your customers?  
• How has your business incorporated the currency into your growth strategy?   
• Are you able to manage RMB risk adequately?

Partners Mitchell Silk and Heath Tarbert will be holding a briefing on June 4th to address these issues and analyze the report findings in further detail.