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Under China's foreign exchange rules, the government must approve any large conversion of renminbi to foreign currency for an overseas corporate acquisition.
Under China's foreign exchange rules, government approval is required for any large conversion of renminbi to foreign currency for an overseas corporate acquisition.
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The government gives them billions of renminbi [yuan] every year.
There are two types of Renminbi funds: domestic funds and foreign-invested funds.
Despite the mandatory conversion into renminbi, many people held onto their dollars, or bought them at inflated exchange rates, if they could find a seller at all.
Offshore products denominated in renminbi are traded only in Hong Kong, where the combined amount of renminbi bonds and deposits is less than 1 percent of renminbi deposits in mainland China, Ms. Mah said.
Beijing has restricted the withdrawal of renminbi from overseas branches of Chinese banks.
(c_1 ): The cost of alternatives (10,000 RMB which is the acronym of "renminbi", the official currency of the People's Republic of China).
Tencent is a profit machine with plenty of renminbi for future investments.
Conversion of forest to non-forest.
Perform bulk conversion of mailboxes.
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