China Daily – Renminbi powers ahead with its strong global expansion – ValueWalk Premium

China Daily – Renminbi powers ahead with its strong global expansion

Bank of China predicts dynamic spread of currency’s use abroad to continue apace The positive long-term trend for the internationalization of the Chinese currency appears certain, as the renminbi continued to be the nation’s second-most-used currency for cross-border payments in 2017, according to Bank of China. The renminbi also maintained the fifth spot last year as…



 

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