Introduction to RMB Invoicing for U.S. Corporates

Pricing: Members: Complimentary
Credits: CTP/CCM: 1.2 | FPAC: 1.2

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Trade between the U.S. and China has long been settled using the U.S. dollar. But, as China continues to make its currency easier to use globally, are U.S. companies aware of the benefits of using local currency (e.g., lower costs)? Are U.S. companies prepared to make or receive renminbi (RMB) payments if their Chinese counterparties require a change in invoicing currency?
Treasury/finance, operations, sales, and procurement teams are encouraged to join this discussion of the latest trends in RMB invoicing, how U.S. corporates can benefit and how to prepare for implementation. This event is being presented by the AFP, U.S. Chamber of Commerce, and The Working Group on U.S. RMB Trading and Clearing. 

Learning Objectives
• Learn about the renminbi (RMB) invoicing process and benefits to U.S. corporates
• Learn about China’s economic outlook and RMB internationalization

This recording was originally delivered live on Thursday, November 18, 2021 and is now available to you as a convenient and cost-effective way to support your learning and development while also earning CTP, CCM and/or FPAC credits.

Credits Confirmation
Take the quiz that appears at the conclusion of the recording within your recertification cycle to earn eligible credits. Once you’ve successfully completed the quiz, you will be prompted to complete a brief Credits Request Form. Following the completion of this form, an email confirmation of credits earned and directions to post your credits in the Recertification Reporting Tool will be sent to you for your records. If you attended the live version of this webinar, you cannot earn credit for the recorded as well.


  • Tom Hunt, CTP
    Director, Treasury Services
  • Alison Fletcher
    Treasury Market Specialist
    Bloomberg L.P.
  • Anna Wong
    Chief U.S. Economist
    Bloomberg L.P.
  • Debra Lodge
    MD, Head of Commercial Banking International Solutions
  • Tom Quaadman
    Executive Vice President, U.S. Chamber of Commerce Center for Capital Markets Competitiveness
    U.S. Chamber of Commerce
  • Rachel Lu
    Head of Financial Institution Department
    Bank of China
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