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RMB gains greater popularity in cross-border transactions: commerce ministry
The RMB has gained popularity in cross-border transactions and settlements as the country steps up efforts to expand the use of the currency in trade and investment, the Ministry of Commerce said Thursday.
January13,2023
China central bank pushes local financial service through SWIFT JV
China's central bank on Tuesday announced that a joint venture (JV) between global financial messaging service provider SWIFT and four Chinese institutions will offer localized financial services to make cross-border transactions more stable and secure.
March24,2021
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