Renminbi internationalization a delicate issue
By Xu Xiao and Lu Wei | China Daily | Updated: 2010-08-20 08:01
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Delegates from home and abroad discuss regional financial cooperation at the Kunming forum. Photos by Qu Mingfei / For China Daily |
Delegates to a recent Kunming financial summit agreed that Asia should reduce its dependence on dominant currencies during trade settlements. The move would promote the internationalization of local tender.
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