China Promotes Use Of Yuan Among Southeast Asian Nations | 5/31/2017 | Staff
tiffcourt011 (Posted by) Level 3
SHANGHAI (Reuters) – China published a five-year blueprint on Friday seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency.

China’s state council, or cabinet, has agreed to build Guangxi, which borders Vietnam, into a financial gateway between the Association of Southeast Asian Nations (ASEAN) and China, the world’s second biggest economy, the People’s Bank of China (PBOC) said in a statement on its website.

Objective - Plan - China - Use - Yuan

As a key objective of the plan, China will promote the use of the yuan among ASEAN countries, with...
(Excerpt) Read more at:
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!