Expert comments on yuan trade settlement between HK and mainland

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For more analysis on yuan trade settlement between HK and mainland , we have Professor Xiao Geng, from Tsinghua University.

Professor Xiao Geng, from Tsinghua University

Q1:Do you think the settlement scheme is truly a step for Beijing to make the yuan international?

Q2:This scheme will cut foreign exchange costs for exporters and importers. What's the bigger effect on trade?

Q3:Will this scheme boost Hong Kong's economy, even given the financial crisis?