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    China Watch: As RMB internationalization advances, new headwinds call for policy steps

    Published on Monday, July 16, 2012

    China Watch: As RMB internationalization advances, new headwinds call for policy steps

    Summary

    In Q2 2012, cross-border trade transactions settled in RMB amounted to 10.9% of China’s trade, up from almost zero when the program began.

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    Authors

    BBVA Research BBVA Research

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    Report (PDF)

    120717_RMB_Internationalization_tcm348-343100.pdf

    English - July 16, 2012

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