UnionPay launches yuan clear­ing ser­vices in HK

China Daily (Hong Kong) - - BUSINESSDIGEST -

UnionPay In­ter­na­tional an­nounced on Wed­nes­day that it will of­fer di­rect ren­minbi clear­ing ser­vices out­side China, start­ing with Hong Kong. Sogo, Chow Tai Fook and Ori­en­tal Watch are among the first batch of mer­chants in Hong Kong that will en­joy di­rect ren­minbi clear­ing ser­vices. UnionPay In­ter­na­tional Chief Ex­ec­u­tive Of­fi­cer Cai

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