Being RMB-Ready Gives Competitive Advantage in China China Trade
“Most Chinese businesses look favourably on overseas partners who are using RMB, both because it shows commitment and because it eliminates foreign exchange risk from their cost base. Although a currency can't guarantee commercial success in China, …
Read more on Scoop.co.nz (press release)
Clark aims to make BC hub for trade using Chinese currency
“We've got to take part in this next wave of Chinese economic development in the same way we benefited in the first wave of resource-intensive development,” Woo said. While it is still well behind the U.S. as a trading partner, China is the second …
Read more on Vancouver Sun
Being RMB-Ready Gives Competitive Advantage in China China Trade