Banks debate RMB internationalization
Dianchi summit: Yunnan province, less than 1,000 km from the Indian Ocean, was cited as a key location for establishing cross border transport. Officials hope Kunming can become a commodity distribution center and prime investment destination. Leaders at the forum discussed hopes for cross border trade payments in renminbi, part of China's push to internationalize its currency. The event was named after Dianchi lake, a well known tourist resort in Kunming. Photo Provided to China Daily |
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