China to push renminbi and domestic consumption, panellists say

Reforms to further internationalise the renminbi, and policies to address China's structural imbalances by harnessing latent domestic consumption, are seen as the top priorities for the next five-year plan to be outlined by the Communist party in 2011.

At least, that's what panel members told a packed conference hall at today's government-sponsored Asian Financial Forum in Hong Kong, during a discussion on how China can take a leadership role in the emerging post-crisis economic order.

That

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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