男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Make me your Homepage
left corner left corner
China Daily Website

Yuan gains popularity among global traders

Updated: 2013-10-18 17:16
( Xinhua)

GUANGZHOU -- The financial uncertainties conveyed in the US government shutdown have made the Chinese currency, renminbi, more popular among global traders, although the US Congress has passed a bill to end the debt ceiling deadlock.

Businessmen attending the ongoing China Import and Export Fair, or Canton Fair, in Guangzhou, capital of southern Guangdong Province, said they had encountered wider acceptance of the Chinese yuan among their overseas partners.

"Many overseas banks are now more willing to carry out renminbi business," said Zhang Qingfu, head of the Middle East and Africa overseas business division of Haier Group, China's largest home appliance manufacturer, adding that cross-border trades with China can now be settled in renminbi in many countries and regions.

Zhang said Haier had begun to settle its business in renminbi in countries like South Africa, Iran and Sudan over the past year.

"It used to be us proposing to settle trade in renminbi, but now it is our overseas buyers who are more proactive," he added.

Data from the People's Bank of China (PBOC), the central bank, showed that overseas trade settlement in renminbi totaled 3.16 trillion yuan ($515 billion) in the first three quarters of 2013, more than 50 percent up from the 2 trillion yuan registered in the same period last year.

China first kicked off trials of cross-border trade settlement in yuan in 2009 in Hong Kong, Macao, ASEAN countries and selected other locations. The scheme has now been extended to all parts of China and all countries and regions overseas.

Market analysts say that the unexpected fast development of yuan-denominated settlement is rooted in multiple factors. Yet the looming worries over the US dollar on the global market have undoubtedly contributed to the yuan's internationalization and acceptance within a larger scope.

Compared with the dollar, the advantages of renminbi in trade settlement lie in the relatively low risks in exchange rates and costs, said Gao Yuanjia, director of the overseas business of Chunlan (Group) Corp., also a major producer of home appliances.

"Currencies in some other countries have depreciated significantly over a period of time, hiking the cost of imports," Gao said. "Settlement in renminbi can offload such shocks."

Previous Page 1 2 Next Page

 
8.03K
 
...
主站蜘蛛池模板: 罗平县| 中卫市| 忻城县| 民丰县| 习水县| 景德镇市| 赫章县| 绥化市| 陕西省| 郓城县| 青铜峡市| 云林县| 丰宁| 江源县| 新龙县| 康马县| 广德县| 平远县| 红河县| 锡林郭勒盟| 灵川县| 浮山县| 安义县| 辉县市| 尼木县| 莱阳市| 炎陵县| 鄱阳县| 北安市| 西青区| 和政县| 莆田市| 房山区| 沽源县| 安国市| 华蓥市| 辽宁省| 靖远县| 分宜县| 弥勒县| 怀安县|