China cuts RMB trade settlement/lending red tape
Jul 15, 2013
You can take your Rmb profits home, PBoC tells corporates
New measures from China’s central bank will free up repatriation of renminbi profits and serve as a boost for the offshore renminbi market.
Corporates will be able to pull their renminbi profits out of China without restriction, according to the country's central bank, after it announced on Friday a raft of measures intended to boost investment and trade in renminbi.
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