China’s move to digitize its commodities trade with an ‘open platform’ has received a green light from the government. Expect more blockchain trade soon.
As far as offshore renminbi hubs outside of Hong Kong go, London rules the roost, but Australia’s quiet but determined bid is showing what an RMB ecosystem could look like
China relaxes rules on corporate bank accounts; China’s has a top year for market fines; China mulls new credit rating rules; China brings in new e-commerce rules