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The People's Bank of China is systematically expanding the liquidity of the international yuan: REPO operations have been expanded for 7 days, 1 month and 3 months, and government bonds worth 15 billion yuan have been placed in Hong Kong. At the same time, the number of central banks using NBK swap lines is growing. BCS analysts confirm that the yuan will continue to grow in the medium term. For the Russian Federation, companies trading with China through the yuan circuit are reducing transactio

The Chinese Ministry of Finance has placed government bonds worth 15 billion yuan in Hong Kong. This is the next step in the strategy of internationalization of the yuan: Beijing is consistently increasing the supply of yuan instruments on international markets. Analysts at BCS World of Investments: "We believe that the yuan exchange rate will continue to rise in the medium term." There are direct consequences for Russian companies trading through the yuan circuit.

Hong Kong and Shanghai are launching a joint blockchain platform for the digitalization of international trade. The project will combine the logistics data of mainland China with the financial infrastructure of Hong Kong and automate the processes of trade finance and cargo transportation.