China has seen an increasing use of the RMB in trade settlement since the People’s Bank of China (PBOC) allowed for the first time China’s cross-border trade to be settled in RMB.
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The HongKong News
China has seen an increasing use of the RMB in trade settlement since the People’s Bank of China (PBOC) allowed for the first time China’s cross-border trade to be settled in RMB.
( read original story …)