China's currency goes global.

Piecemeal reforms are helping make China's yuan the currency of choice in global trade settlement more often, yet renminbi won't factor hugely in a multinational company's capital management planning until the offshore pool grows larger, said Philippe Jaccard, Citi's Head of Liquidity & Investments for Asia Pacific in a recent video. "Corporates have not yet felt the internationalization of the renminbi," he said. "It's really the birth that we are witnessing at this stage."

To view the piece, click on "APAC" in the Asia-Pacific section of the world map in Citi's Global Transaction Services Video Showcase.