Bank of China reports rise in cross-border renminbi settlements

time:
2023-10-13 07:17:15
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75027
Govt stresses RMB products to hedge risks

Cross-border renminbi settlements should also take a bigger share in business formats like cross-border e-commerce and procurement
time:
2022-05-28 23:42:20
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79041
Cross-border RMB business continues to grow in China's Yunnan

The cumulative amount of cross-border renminbi settlements in Southwest China's Yunnan province reached approximately 69.6 billion yuan ($10.9 billion) in 2021, according to a local branch of the country's central bank.