摘要
Cross-border payment system China＇s central bank plans to set up a cross-border payment system that will ease the way for a greater use of the yuan in international trade and investment and for an increased convertibility of the currency. The China International Payment System will likely be operational in one to two years, according to the People＇s Bank of China in April. The move will promote the international use of the yuan, analysts said.
Cross-border payment system China＇s central bank plans to set up a cross-border payment system that will ease the way for a greater use of the yuan in international trade and investment and for an increased convertibility of the currency. The China International Payment System will likely be operational in one to two years, according to the People＇s Bank of China in April. The move will promote the international use of the yuan, analysts said.
