Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »Yuan overtakes dollar to become most-used currency in China’s cross-border transactions
The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar for the first time, official data showed, reflecting efforts by Beijing to internationalize use of the yuan. Cross-border payments and receipts in yuan rose to a record $549.9 billion in March from $434.5 …
Read More »