Glossary entry

Chinese term or phrase:

若干外币的人民币

English translation:

(in) Renminbi equivalent to the amount in (such) foreign currency

Added to glossary by Germaine A Hoston
Nov 29, 2008 10:27
15 yrs ago
Chinese term

若干外币的人民币 (help with sentence)

Chinese to English Bus/Financial Investment / Securities
This is in a clause in a model contract for a joint venture company. I'm not sure if I've got this quite right. In this section, the companies are to indicate their respective contributions to total invested capital and registered capital and are given the option of expressing those amounts in Renminbi or foreign currency. Here's the complete sentence that I'm finding awkward:

若注册资本币种为外币的,中方投资可表述为等值于若干外币的人民币。

What I've come up with so far:
"... the Chinese investing party shall indicate the amount Renminbi that can be expressed as the equivalent of the foreign currency(ies)."

Is this right? Is there a better way to express this?

Thank you in advance!

Proposed translations

+1
4 hrs
Selected

(in) Renminbi equavalent to the amount in (such) foreign currency

"若注册资本币种为外币的,中方投资可表述为等值于若干外币的人民币" can be translated as "In the event that the registered capital is in a foreign currency, the investment contributed by the Chinese party can be expressed in Renminbi equavalent to the amount in such foreign currency."
Peer comment(s):

agree ShelleyX
5 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you!"
+4
12 mins

FYI

... the Chinese investment can be expressed with the amount in Renminbi which is equivalent to the same in foreign currency(ies)

仅供参考
Peer comment(s):

agree peter arnout : ...in an amount of Renminbi that is equivalent to such foreign currency amounts
6 mins
thanks
agree Da Best
4 hrs
thanks
agree Dr. Chun Biao Li
6 hrs
thanks
agree Malcolm Mayfield : expressed in the equivalent amount in Renminbi
2 days 21 hrs
thanks
Something went wrong...
2 days 8 hrs

Please see below.

若注册资本币种为外币的,中方投资可表述为等值于若干外币的人民币。

If the registered capital is foreign currency, Chinese investments can be described in the amount of RMB equivalent to the foreign currency amount.

For your consideration.
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