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  • On the move - Updated Thu May 3, 2012

    • The Renminbi is heading overseas – it is going Haiwai (海外). CNY-denominated trade flows between China and the rest of Asia are increasing, CNH trading is picking up in London, and China has announced the creation of a new international CNY payment...

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Global Focus - The world in transition

The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility. In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.