First cross-border Renminbi transaction wears a Swanndri

One of the first cross-border Renminbi (RMB) transactions has been completed between New Zealand and China directly, following liberation of the Chinese currency to non-Asean countries in June.Extension of the Chinese government's RMB trade settlement pil

Georgina Bond
Fri, 20 Aug 2010

One of the first cross-border Renminbi (RMB) transactions has been completed between New Zealand and China directly, following liberation of the Chinese currency to non-Asean countries in June.

Extension of the Chinese government’s RMB trade settlement pilot to all countries has enabled New Zealand

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