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Clearstream is currently working on several initiatives in order to support the opening of the Chinese capital markets. “China has been a crucial part of Deutsche Börse’s strategy for a long time now, and we have had a strong presence in Asia for many years”, said Clearstream Chairman and member of the Deutsche Börse Executive Board Jeffrey Tessler.
“I think it’s clear that we’re currently in the midst of a rare convergence of both internal reform of the onshore Chinese market and international recognition of the importance of the RMB. From a domestic perspective, there’s been a flurry of progress in liberalisation reforms over the last twelve months. This has been mirrored by moves internationally to increase the global role of the RMB.”
Signs of...
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