China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
New Loan May Lead To Wider Use Of Foreign Currencies Within China
Aggregated Source: China Money Network
The author is ANZ greater China chief economist Liu Li-Gang The Bank of Korea (BOK) and the People’s Bank of China (PBoC) utilized their bilateral currency swap agreement on 30 May 2014. A Chinese commercial bank borrowed from the PBoC with a loan size of KRW400 million, roughly RMB2.5 million at the current spot, and […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Original URL: Click here to visit original article
Copyright China Money Network