Russia, China agree on more trade currency swaps to bypass dollar

Russia, China agree on more trade currency swaps to bypass dollar
The Russian and Chinese central banks have agreed on a draft currency swap agreement, which will allow them to increase China trade in domestic currencies and cut the dependence on the US dollar in bilateral payments. “The draft document between the …
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China China Trade
(Ankeny, Iowa) – Iowa Soybean Association (ISA) leaders spent the latter half of July in China, strengthening relationships with buyers and exploring new markets to help sell a potential record crop. A common theme during ISA's China China Trade Mission …
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Being RMB-ready gives competitive advantage in China China Trade, Global Survey
As China becomes ever more important to international businesses, the internationalisation of the RMB is creating new opportunities in China trade, investment, cash management and funding. HSBC forecasts that a third of China's China trade will be settled in RMB …
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