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Attitude among international companies towards the future use of the Chinese yuan (CNY) as international trading currency as of 2015

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Source

Release date

March 2015

Region

Worldwide

Survey time period

January 7 to February 12, 2015

Number of respondents

1,610 respondents

Method of interview

Face-to-face interview

Supplementary notes

A total of 1,610 businesses had been interviewed in 14 markets until February 2015. Included markets were: Mainland China, Hong Kong, Singapore, Australia, Taiwan, South Korea, Malaysia, Germany, United Kingdom, France, Canada, United States, United Arab Emirates and Brazil . All businesses selected for the survey had an annual sales revenue of three million U.S. dollars and above.

The original survey question was posed as follows: Do you think that within the next five years companies will use RMB to settle trade deals that have no connection to China, just as the dollar is used today for transactions that don't involve a US counterparty?

Citation formats

Attitude towards the CNY as international trading currency 2015

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 6, 2015
This statistic shows the attitude among international companies towards the future use of the Chinese yuan (CNY) as an international trading currency as of February 2015. During the survey, ** percent of respondents had stated to believe that within the following five years companies would use the CNY to settle international business deals, even those without connection to China.
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Topics

U.S. exports to ChinaExport trade in ChinaSino-U.S. trading relationshipImports to ChinaTrade in the U.S.
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