Title :
Notice of Retraction
Study on RMB offshore financial market of Hong Kong
Author_Institution :
Sch. of Manage., Guangdong Univ. of Foreign Studies, Guangzhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
It is essential to develop RMB offshore financial market in the process of promoting RMB internationalization. Hong Kong becomes the perfect place for constructing RMB offshore financial market due to its natural geography, developed business, strong infrastructure, a perfect system and other advantages. At present, the basic architecture of RMB offshore financial market in Hong Kong has been prepared well but the scale is not big enough. The architecture includes cash circulation, settlement system, financial credit, financial security and its derived products. Therefore, the cooperation between the mainland and Hong Kong is so important to promote its development rapidly.
Keywords :
credit transactions; globalisation; stock markets; Hong Kong; RMB internationalization; RMB offshore financial market; cash circulation; financial credit; financial security; settlement system; Cities and towns; Economic indicators; Exchange rates; Government; Law; Stock markets; RMB; internationalization; offshore financial market;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5920447
