Although the US dollar has been the most commonly used currency for China’s trade up to now, use of the renminbi has increased a great deal over the last few years.
Between 2010 and 2012, the percentage of trading transactions settled in renminbi has jumped from virtually zero to around 12%, and is likely to increase further.4 As a result of the currency’s  2  HSBC Global Research, The rise of the Redback II (März 2013). 3  SWIFT RMB Tracker (Mai 2013): Abrufbar unter: http://www.swift.com/products_services/renminbi_reports.