Tuesday, October 21, 2014

Canada could generate up to $32-billion from chinese hub

Canada could generate up to $32-billion more in exports over the next 10 years if it creates a yuan trading hub to do business in the world’s fastest growing currency, the Canadian Chamber of Commerce said in a new report.

In advance of Prime Minister Stephen Harper’s trip to Beijing for the APEC summit in November, the Chamber of Commerce joined the call of some of Canada’s largest banks and financial institutions to promote Canada as a centre for renminbi (yuan) trading.

Read full report on FP

No comments:

Post a Comment