Hong Kong Financial Secretary Paul Chan Mo-po said the city processes more than 70% of global offshore renminbi payments and settlements.
According to NS3.AI, Chan also said local renminbi interbank settlement has surpassed 41 trillion yuan.
The remarks highlight Hong Kong’s role in offshore renminbi clearing and settlement activity.
Hong Kong Handles Over 70% of Global Offshore Renminbi Payments, Paul Chan Says
2026-07-05 11:28:18
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