See the English version further down the page: CHINA YUAN, REAL ESTATE AND GOOD FORTUNE
Dollar de Hong Kong ou Yuan de Wall Street?
C’est la question que se posent désormais les milieux d’affaires internationaux comme les autorités monétaires de l’Union Européenne, des Etats-Unis, de la Zone Asie et plus généralement de tous les pays du monde
Ces derniers jours les informations se succèdent dans le monde financier à propos de l’émergence de la monnaie chinoise, le Yuan, comme nouvelle monnaie des échanges financiers et du commerce international. Ce qui fut si longtemps annoncé comme possible n’a pas eu le temps de passer par l’étape transitoire du probable mais s’est révélés comme actuel et très actif.
C’est fait, le Yuan est entré dans le club des grandes monnaies internationales
Longtemps considéré comme une monnaie officiellement et artificiellement maintenue à un niveau faible pour favoriser les exportations chinoises, le Yuan rendait furieux le Congres américain soucieux de limiter le dumping des exportations chinoises sur son territoire et de permettre l’essor des exportations américaines injustement défavorisées dans la compétition avec les marchandises chinoises d’exportation
Ce n’est plus le cas… Officiellement !
C’est désormais le Yuan comme monnaie de co-référence avec le Dollar qui au centre des débats et des faits
Après le Dollar, l’Euro, le Yen, et quelques autres monnaies, le Yuan qui faisait figure de Belle Au dois Dormant mal réveillée est désormais sur le devant de la scène internationale
Les autorités monétaires de Hong Kong considèrent ouvertement la mise en place de nouvelles règles facilitant la réintroduction sur le marché monétaire et financier chinois les fonds levés à l’étranger en Yuan
Les sociétés multinationales veulent et pourront utiliser les fonds ainsi levés pour mieux pénétrer le marché chinois.
Les Chinois le savent et le font en connaissance de cause et pour ce propos.
La Chine s’ouvre, selon ses termes financiers et commerciaux, et selon sa monnaie tandis que le commerce et la finance internationale approuvent
Progressivement, la valeur du Yuan devrait se rapprocher de sa valeur donnée par le marché, et non plus par les autorités monétaires, d’où le sujet de la convertibilité du Yuan que la Chine annonce au plus tard pour dans 10 ans
Dans tous les cas, comme le note le Wall Street Journal, l’enjeu est la suprématie monétaire internationale, Yuan contre Dollar.
En effet, les sociétés chinoises et étrangères pourront émettre des actions et obligations en Yuan et les investir directement dans le marché chinois sans les convertir en Dollars au préalable,
Ce marché croissant s’appelle le renminbi, ou marché de la devise chinoise, et il connait un succès foudroyant.
Pour preuve : le gouvernement chinois a annoncé récemment que le commerce international de la Chine s’est effectué en Yuan lors du premier trimestre 2011, alors que cette part n’était que de 0,5% au premier trimestre 2010 !
Cela vient après d’autre pas très récents et très significatifs :
- En décembre dernier les régulateurs chinois ont augmenté le nombre des exportateurs pouvant utiliser le Yuan pour faire le trade de leurs marchandises de quelques centaines à 70.000
- En janvier dernier, la Banque de Chine a autorisé les clients à échanger du Yuan aux Etats-Unis
- Ces derniers mois, le day-trading du Yuan est passé de zéro à 400 millions de Dollars
A New York, sur la Côte d’Azur française (Cannes et Monaco), à la City de Londres, et partout dans le monde, les fonds chinois investissent massivement dans l’immobilier
A Hong Kong cette semaine, dans une atmosphère de célébration, les banquiers finissent le bouclage du fonds d’investissement immobilier chinois Hui Xian Real Estate Investment Trust pour un montant de 11.2 milliards de Yuans, soit 1,7 milliards de Dollars
Une belle carte de visite
CHINA YUAN, REAL ESTATE AND GOOD FORTUNE
Hong Kong Dollar or Wall Street Yuan?
This is the question currently facing the international business community as well as the monetary authorities of the EU, U.S., Zone Asia and more generally all over the world
Very significant news broke up those past few days in the financial world about the emergence of the Chinese currency, the Yuan, as the new currency swaps and international trade.
Done Yuan joined the club of major international currencies
Considered as an official currency and artificially maintained at a low level to promote Chinese exports, the Yuan infuriated the U.S. Congress eager to limit the dumping of Chinese exports on its territory and enable the growth of U.S. exports unfairly disadvantaged in competition with Chinese goods export
It is no longer the case ... Officially!
It is now the Yuan as the currency of co-reference with the dollar that the focus of discussions and developments
The monetary authorities of Hong Kong openly consider the establishment of new rules to facilitate the re-entry into the Chinese financial market and monetary funds raised abroad by Yuan
Multinational companies want and will use the funds raised to better penetrate the Chinese market.
The Chinese know this and are knowingly and for this.
China opens, according to his financial and business terms, and as its currency while trade and international finance approved
Gradually, the value of the Yuan should be closer to its value given by the market, not by the monetary authorities, hence the issue of convertibility of the Yuan as China announced the latest in 10 years
In all cases, as noted by the Wall Street Journal, the issue is the international monetary supremacy, Yuan against the Dollar.
Indeed, the Chinese and foreign companies can issue shares and bonds in Yuan and invest them directly in the Chinese market without converting them to dollars in advance,
This growing market is called the renminbi, or Chinese currency market, and he knows a tremendous success.
This is demonstrated by the Chinese government recently announced that international trade of China has made in Yuan in the first quarter 2011, while this share was only 0.5% in the first quarter of 2010!
This comes after other recent and very significant news:
• Last December the Chinese regulators have increased the number of exporters who may use the Yuan to trade their goods from a few hundred to 70,000
• In January, Bank of China has allowed customers to exchange the Yuan in the U.S.
• In recent months, day trading of the Yuan has risen from zero to 400 million Dollars
In New York, on the French Riviera (Cannes and Monaco), the City of London, and around the world, the Chinese funds are investing heavily in real estate
In Hong Kong this week, in an atmosphere of celebration, the bankers are finalizing the closing of real estate investment fund Hui Xian Chinese Real Estate Investment Trust for an amount of 11.2 billion Yuan, 1.7 billion dollars
A nice business card !
Hong Kong Dollar or Wall Street Yuan?
This is the question currently facing the international business community as well as the monetary authorities of the EU, U.S., Zone Asia and more generally all over the world
Very significant news broke up those past few days in the financial world about the emergence of the Chinese currency, the Yuan, as the new currency swaps and international trade.
Done Yuan joined the club of major international currencies
Considered as an official currency and artificially maintained at a low level to promote Chinese exports, the Yuan infuriated the U.S. Congress eager to limit the dumping of Chinese exports on its territory and enable the growth of U.S. exports unfairly disadvantaged in competition with Chinese goods export
It is no longer the case ... Officially!
It is now the Yuan as the currency of co-reference with the dollar that the focus of discussions and developments
The monetary authorities of Hong Kong openly consider the establishment of new rules to facilitate the re-entry into the Chinese financial market and monetary funds raised abroad by Yuan
Multinational companies want and will use the funds raised to better penetrate the Chinese market.
The Chinese know this and are knowingly and for this.
China opens, according to his financial and business terms, and as its currency while trade and international finance approved
Gradually, the value of the Yuan should be closer to its value given by the market, not by the monetary authorities, hence the issue of convertibility of the Yuan as China announced the latest in 10 years
In all cases, as noted by the Wall Street Journal, the issue is the international monetary supremacy, Yuan against the Dollar.
Indeed, the Chinese and foreign companies can issue shares and bonds in Yuan and invest them directly in the Chinese market without converting them to dollars in advance,
This growing market is called the renminbi, or Chinese currency market, and he knows a tremendous success.
This is demonstrated by the Chinese government recently announced that international trade of China has made in Yuan in the first quarter 2011, while this share was only 0.5% in the first quarter of 2010!
This comes after other recent and very significant news:
• Last December the Chinese regulators have increased the number of exporters who may use the Yuan to trade their goods from a few hundred to 70,000
• In January, Bank of China has allowed customers to exchange the Yuan in the U.S.
• In recent months, day trading of the Yuan has risen from zero to 400 million Dollars
In New York, on the French Riviera (Cannes and Monaco), the City of London, and around the world, the Chinese funds are investing heavily in real estate
In Hong Kong this week, in an atmosphere of celebration, the bankers are finalizing the closing of real estate investment fund Hui Xian Chinese Real Estate Investment Trust for an amount of 11.2 billion Yuan, 1.7 billion dollars
A nice business card !
