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View Full Version : China to Start Yuan Trade Settlements in Shanghai, Guangdong - Bloomberg



NewsWhore
04-08-2009, 07:23 AM
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China to Start Yuan Trade Settlements in Shanghai, Guangdong (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DawUSinRgXENE%26refer%3Dasia&cid=1328231467&ei=lorcSc28J6DWgAP_r6CoDQ&usg=AFQjCNEYVkYbGq1j6nDAU5rghHRsR08txw)
Bloomberg
By Judy Chen April 8 (Bloomberg) -- China will allow yuan settlement for international trade in Shanghai and four cities in Guangdong province to promote global use of the currency and protect companies from swings in the US dollar. ...


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