Guangdong simplifies yuan trading
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Guangdong simplifies yuan trading

Shanghai : China | Sep 16, 2012 at 11:58 AM PDT
Source: Japan Times
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The People's Bank of China has recently started simplifying procedures for yuan-based trade settlement in Guangdong Province, according to informed sources. An Akebono Brake Industry Co. unit in Guangzhou used the new system to send yuan to its headquarters in Japan via Mizuho Corporate Bank, the... FULL ARTICLE AT Japan Times
 
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