Published on Monday, July 16, 2012
China Watch: As RMB internationalization advances, new headwinds call for policy steps
Summary
In Q2 2012, cross-border trade transactions settled in RMB amounted to 10.9% of China’s trade, up from almost zero when the program began.
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
- Real Estate
- Migration
- Banks
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BR
BBVA Research
BBVA Research