LOGIN | MEMBER | SITEMAP | CONTACT US
 
 
Focus  News about Taiwan  Daily News  Latest Update  
Special Reports  Comments Weekly Brief 
Press Conference of Taiwan Affairs Office of the State Council
Focus
 
News about Taiwan
 
   Daily News
 
Latest Updates
 
Weekly Brief
 
Special Reports
 
Press Conference of Taiwan Affairs Office of the State Council
Taiwan's chance of becoming offshore yuan center to be decided by market
   日期: 2013-03-14 08:55         編輯: 楊雲濤         來源: Xinhua

 

BEIJING -- A senior mainland financial official said Wednesday that whether Taiwan would become an offshore trading center for the yuan should be decided by the market.

"Things will be settled when conditions are ripe," vice governor of China's central bank Yi Gang made the remarks when asked whether the central bank would support Taiwan to become an offshore yuan market.

Yi said some important financial centers might become offshore yuan trading markets in the future as a result of market demands and competition.

He said the Chinese mainland and Taiwan have already formed a monetary settlement mechanism since they signed a memorandum on currency clearing in August last year.

The two sides could discuss a currency swap agreement if cross-Strait trade demands higher level of financial cooperation, he said.

In February, a total of 46 designated foreign exchange banks and financial institutions in Taiwan formally launched their yuan business after signing currency clearing agreements with the Bank of China's Taipei branch, the clearing bank for yuan transactions in Taiwan.

 

 

  查看/發表評論
 
無標題文檔
Copyright Chinataiwan.org .All Rights Reserved