This statistic shows the share of international companies planning to use the Chinese yuan (CNY) as currency in cross-border trade as of February 2015, by country. During the survey, 35 percent of respondents from South Korea had stated to plan on using CNY for cross-border business in the future.
Share of businesses planning to use the Chinese yuan in future cross-border trade as of 2015, by country
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A total of 1,610 businesses had been 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 three million U.S. dollars and above.
The original survey question was posed as follows: When do you expect to start using RMB for cross-border business in the future?
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HSBC. (March 24, 2015). Share of businesses planning to use the Chinese yuan in future cross-border trade as of 2015, by country [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/450433/share-of-businesses-planning-to-use-cny-for-cross-border-trade-by-country/
HSBC. "Share of businesses planning to use the Chinese yuan in future cross-border trade as of 2015, by country." Chart. March 24, 2015. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/450433/share-of-businesses-planning-to-use-cny-for-cross-border-trade-by-country/
HSBC. (2015). Share of businesses planning to use the Chinese yuan in future cross-border trade as of 2015, by country. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/450433/share-of-businesses-planning-to-use-cny-for-cross-border-trade-by-country/
HSBC. "Share of Businesses Planning to Use The Chinese Yuan in Future Cross-border Trade as of 2015, by Country." Statista, Statista Inc., 24 Mar 2015, https://www.statista.com/statistics/450433/share-of-businesses-planning-to-use-cny-for-cross-border-trade-by-country/
HSBC, Share of businesses planning to use the Chinese yuan in future cross-border trade as of 2015, by country Statista, https://www.statista.com/statistics/450433/share-of-businesses-planning-to-use-cny-for-cross-border-trade-by-country/ (last visited August 25, 2024)
Share of businesses planning to use the Chinese yuan in future cross-border trade as of 2015, by country [Graph], HSBC, March 24, 2015. [Online]. Available: https://www.statista.com/statistics/450433/share-of-businesses-planning-to-use-cny-for-cross-border-trade-by-country/
