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Chinese yuan CNY acceptance for cross-border trade in 2015

Published by Statista Research Department, Mar 24, 2015
This statistic shows the worldwide acceptance among international companies to use the Chinese yuan as currency for cross-border trade and settlements as of February 2015. During the survey, 83 percent of respondents had stated that they did not use Chinese yuan for conducting cross-border business.

Chinese yuan (CNY) acceptance for cross-border trade in 2015

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Source

Release date

March 2015

Region

Worldwide

Survey time period

January 7 to February 12, 2015

Number of respondents

1,610 respondents

Method of interview

Face-to-face interview

Supplementary notes

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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