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Hong Kong can optimize B&R cross-border payments via CBDC, officials
Hong Kong can take advantage of the central bank digital currency (CBDC) program to improve efficiency of cross-border payments under the Belt and Road (B&R), according to officials of the local monetary authority.
February05,2020
Cross-border RMB settlement of China’s Jiangxi with partners along B&R reaches RMB56.5 bln
China’s Jiangxi Province recorded 56.58 billion yuan of cross-border receipt and payment in RMB with 90 countries and regions participating in the Belt and Road Initiative by the end of June, according to a report of Chinanews.cn.
July25,2019
BRI provides impetus for cross-border trade, advancing cross-border RMB settlement
The Belt and Road Initiative (BRI) has provided impetus for the expansion of China's trade with B&R countries and regions, and promoted RMB settlement in global trade.
April24,2019
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