China 27-04-2004 First foreign bank to have branches in China approved to provide renminbi services to local corporations Approval has been received from the China Banking Regulatory Commission for seven of the nine branches belonging to the Hongkong and Shanghai Bank Corporation Limited (HSBC) to provide renminibi (RMB)… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here