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China expands cross-border use of RMB

By Wang Junling The Ministry of Commerce and the People's Bank of China recently jointly released a notice on further supporting foreign economic and trade enterprises in expanding the cross-border use of RMB to facilitate trade and investment. The notice made deployment in supporting RMB settlement for trading in bulk… ....

Wang Chun , Liu Cheng , United Kingdom , Tang Hongxia , Wang Shicheng , Wang Junling , Wang Chunying , International Monetary Fund , China International Import Expo , China Nankai University , People Daily , People Bank , Argentine Embassy , Society For Worldwide Interbank Financial Telecommunications , Ministry Of Commerce , China State Administration Of Foreign Exchange , Daily Online , State Administration , Foreign Exchange , Nankai University , Worldwide Interbank Financial Telecommunications , Special Drawing Rights ,

Cross-border RMB settlement makes new progress

By Wang Junling The Chinese currency, RMB, is playing an increasingly significant role in cross-border payments as China gradually improves the quality of its economic development and the level of its openness. According to statistics released by the People's Bank of China (PBOC), the country’s central bank, the total amount… ....

Wang Shicheng , Shi Wenyi , Niu Zhipeng , Wang Junling , People Bank , People Daily , International Business Group Of The Ant , International Settlements , Daily Online , Wechat Pay , International Business Group , Ant Group ,