Jump to content

Recommended Posts

Posted

With trade between Cambodia and China steadily growing, banking sector players have put out a call to increase facilities for businesses using Chinese currency to pay for imports and exports.

Speaking at a workshop organised by the Bank of China, Chen Chang Jiang, CEO at the Bank of China in Phnom Penh, said the use of the yuan in business transactions had progressed steadily since the bank was appointed by the National Bank of Cambodia (NBC) to be a clearing bank for local and cross-border yuan transactions.

“The internationalisation of the yuan will not only help China increasingly integrate with the world, but can provide more channels for cross-border investments, trade and financial dealing,” Chen said.

read more: http://www.phnompenhpost.com/business/banks-push-more-trade-yuan

ThaiVisa, c'est aussi en français

ThaiVisa, it's also in French

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Topics

  • Popular Contributors

  • Latest posts...

    1. 0

      High-Speed Crash Kills Truck Driver as Car Vaults Median in Chai Nat

    2. 7

      Thailand Live Friday 9 May 2025

    3. 128

      Michelle Obama Embraces Therapy and a New Chapter in Life

    4. 144

      The alarming mental decline of Donald J. Trump -- watch this space

    5. 0

      National Parks Department Halts Elephant Trench Project After Structural Collapse

  • Popular in The Pub

×
×
  • Create New...