The study of Taiwan Offshore RMB Market Development – Analysis of Market Demand from Taiwanese Corporate Perspective / 台灣離岸人民幣市場發展研究—以台商觀點探究市場需求

碩士 / 國立交通大學 / 企業管理碩士學程 / 102 / This research aims to study the development of Taiwan’s offshore RMB business and adopts the research method of survey approach to Taiwanese companies. By analyzing the Taiwanese companies’ current application of RMB financial services, this study expects to ascertain the future demand and potential clients of RMB business from three aspects: (1) cross-border trade settlement, (2) corporate finance, and (3) assets management. Meanwhile, this study investigates the factors which impact Taiwanese corporate’s decision on utilizing the offshore RMB financial services between Taiwan, Hong Kong and Singapore. The data collection through questionnaire survey to Taiwanese companies and it is analyzed by SPSS for descriptive statistics, t-test for difference between means and logistic regression process. The findings indicate that the export-oriented companies tend to apply for RMB trade finance and bank loan. The findings stated that actual business need for RMB keeps them continuing using RMB even under the condition of RMB depreciation. The companies with longer time of establishment in China would have higher possibility on applying trade finance service in Taiwan. In comparison of the perception of offshore financial service in Hong Kong and Singapore, Taiwanese companies acknowledged the competitiveness of Taiwan’s offshore market as conveniences of cross-border trade settlement, competitive cost of capital and surcharge fee, as well as better service quality. For the speedy move on RMB internationalization, various international financial centers are eager to compete for offshore RMB business to increase revenue, for example, Hong Kong, Singapore, London, Frankfurt, and so on. This study expects to benefit the future development of Taiwan’s RMB business on corporate financial service by demand analysis from Taiwanese corporation perspective.

Identiferoai:union.ndltd.org:TW/102NCTU5121137
Date January 2014
CreatorsTsao, Hsin-Liang, 曹欣良
ContributorsYeh, Yin-Hua, 葉銀華
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languageen_US
Detected LanguageEnglish
Type學位論文 ; thesis
Format75

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