The Chinese Renminbi 2019 - Opening New Opportunities

It's the start of the Chinese New year, and 2019 will mark the Year of the Pig. We look ahead to what the year holds for China's currency the Renminbi, and the opportunities it presents.

This year’s celebration is the first to take place during a trade war with the US and as China’s 1.4 billion people prepare to welcome the new year, which is likely to start off a little bumpy especially with the chance of further tariffs being imposed remaining high.
 
However, doing business in China may seem confusing when there are 3 local currencies you could use. Make sure you don’t get caught out when paying in local currency. For more information on how you can stay ahead, download our eGuide on the Chinese Renminbi.


Caxton