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S. China's Hainan achieves rapid growth in cross-border RMB settlement with ASEAN in first seven months
The cross-border RMB settlement with ASEAN countries in China's southernmost Hainan Province reached 2.028 billion yuan in the first seven months of this year, with a year-on-year increase of 6.12 times, according to the Haikou branch of the People's Bank of China (PBOC).
Ansteel achieves cross-border settlement of iron ore in RMB
Angang Group International Trade Corporation Ltd., a unit of China's steel giant, Ansteel Group, has recently concluded the cross-border settlement of imported iron ore in RMB.
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