Yuan Passes Euro as 2nd-Most Used Trade-Finance Currency

[Banjo]

China’s yuan overtook the euro to become the second-most used currency in global trade finance after the dollar this year


http://www.bloomberg.com/news/2013-...-second-most-used-trade-finance-currency.html

 

[youwuyu]

yeah, not surprised. It has been one of the things the ccp has been working on. same as entering the wto

a lot of benefit if ur currency is used everywhere