Chinese currency moves closer to fuller usage, internationalization

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] The renminbi has further emerged as an international currency, with widespread usage of the currency seen in cross-border trade settlements, yet the process still faces prominent challenges of trading partners’ reluctance to accept the Chinese currency and policy complexity, … Continue reading Chinese currency moves closer to fuller usage, internationalization