Posted: 2 Nov 2020 Resource Type: Research Report Download Back The City of London Corporation has released the October 2020 edition of London RMB Business Quarterly report, co-authored by the People’s Bank of China Representative Office for Europe. The latest data shows that Cross-border RMB transactions between China and the UK surged to RMB633.6 billion between March to July 2020, up 169% year-on-year. The UK maintained its position as a leading RMB offshore centre outside Greater China, having the largest share of RMB FX transactions outside Greater China. Share: Share to LinkedIn LinkedIn Share to Twitter Twitter Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Multimedia Green Horizon Perspectives: Unlocking Transition Jul 2021 - This inaugural 90-minute virtual event celebrated the United States re-joining the Paris Agreement and the sense of global optimism brought about by their renewed commitment to the climate crisis. Green Horizon Perspectives: Unlocking Transition Research Report Championing sustainable finance: the UK's global offer Jul 2021 - Learn more about how the UK's sustainable finance ecosystem can help the world to mobilise and scale up sustainable finance Championing sustainable finance: the UK's global offer Thought Piece Mobilising private capital to reach net zero Jun 2021 - The Energy Transitions Commission estimates that US$1-2 trillion (1%-1.5% of global GDP) a year is needed to achieve net zero by 2050. With COP26 in Glasgow approaching, the UK has an opportunity to show leadership in financing the transition to net zero. Mobilising private capital to reach net zero Case Study Sero: on a mission to decarbonise the UK's building stock Jun 2021 - Through partnerships with developers, housebuilders and landlords, Sero builds and retro fits zero carbon homes using its own proprietary technology. We spoke to James Williams, CEO at Sero, about the company's expansion plans and how the net zero ambitions of the Welsh government have kickstarted its early growth. Sero: on a mission to decarbonise the UK's building stock