Resumen de Offshore RMB clearing hubs could add transaction risk.
The article analyzes the potential of Chinese offshore renminbi (RMB) clearing process to increase transaction risk due to the currency's lack of a natural home. Topics discussed are the timing for settling offshore RMB clearing banks and concerns on currency disruption. Possible solutions to a transaction risk are suggested including the creation of a common clearing network such as the China International Payment Platform (CIPS).
