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RMB internationalisation gains strong momentum despite uncertainties

https://live.theasianbanker.com/

The Global RMB Internationalisation Survey 2024 reveals that usage in cross-border trade has surged, accounting for over half of China’s cross-border payments. The results show high engagement from financial institutions and companies in RMB-based transactions, with notable growth in cross-border cash management, trade financing and investments.

https://tabinsights.com/article/rmb-internationalisation-gains-strong-momentum-despite-uncertainties