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View Full Version : PBOC Plans Payment System in Step Toward Convertibility - Bloomberg



NewsWhore
04-11-2012, 01:31 AM
PBOC Plans Payment System in Step Toward Convertibility (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHHTdh8SPvZgo_PlPPokTTXcODFQg&url=http://www.bloomberg.com/news/2012-04-11/pboc-plans-payment-system-in-step-toward-convertibility.html)
Bloomberg
China's central bank plans to set up a cross-border payment system that facilitates greater use of the yuan in international trade and investment, and paves the way for increased convertibility of the currency. The China International Payment System ...

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