This statistic shows the acceptance among international companies to use the Chinese yuan as currency for cross-border trade and settlements as of February 2015, by country. During the survey, 52 percent of respondents in Hong Kong had stated that they used Chinese yuan for conducting cross-border business.
Chinese yuan (CNY) acceptance for cross-border trade as of 2015, by country
A total of 1,610 businesses had interviewed in 14 markets until February 2015. Included markets were: Mainland China, Hong Kong, Singapore, Australia, Taiwan, South Korea, Malaysia, Germany, United Kingdom, France, Canada, United States, United Arab Emirates and Brazil
. All businesses selected for the survey had an annual sales revenue of 3 million U.S. dollars and above.
The original survey question was posed as follows: Does your organization currently use RMB for cross-border business, or for any purpose outside your country?
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HSBC. (March 24, 2015). Chinese yuan (CNY) acceptance for cross-border trade as of 2015, by country [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/450302/cny-acceptance-for-cross-border-trade-by-region/
HSBC. "Chinese yuan (CNY) acceptance for cross-border trade as of 2015, by country." Chart. March 24, 2015. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/450302/cny-acceptance-for-cross-border-trade-by-region/
HSBC. (2015). Chinese yuan (CNY) acceptance for cross-border trade as of 2015, by country. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/450302/cny-acceptance-for-cross-border-trade-by-region/
HSBC. "Chinese Yuan (Cny) Acceptance for Cross-border Trade as of 2015, by Country." Statista, Statista Inc., 24 Mar 2015, https://www.statista.com/statistics/450302/cny-acceptance-for-cross-border-trade-by-region/
HSBC, Chinese yuan (CNY) acceptance for cross-border trade as of 2015, by country Statista, https://www.statista.com/statistics/450302/cny-acceptance-for-cross-border-trade-by-region/ (last visited November 21, 2024)
Chinese yuan (CNY) acceptance for cross-border trade as of 2015, by country [Graph], HSBC, March 24, 2015. [Online]. Available: https://www.statista.com/statistics/450302/cny-acceptance-for-cross-border-trade-by-region/