Further internationalization of the RMB, its largest trading partners including the United States, Japan and South Korea, without European countries. RMB in October this year, joined International Monetary Fund (IMF) special drawing rights (SDR) basket, with the US dollar, euro, yen and pound the status line, and the Chinese government is expected to eventually unify onshore and offshore renminbi exchange rate.
The next five years from now, "People in China, rather than London or New York to raise funds," said Michael Park thinking. "If the center of gravity shifts, will have a significant impact on the banking sector, investors British off Europe will speed up the process."
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