China Launches Yuan-Based International Payment System

http://sputniknews.com/business/20151008/1028228289.html#ixzz3o0GKkHSU LIVE SEARCH China Launches Yuan-Based International Payment System © REUTERS/ David Gray/Files BUSINESS 20:14 08.10.2015Get short URL 22530290 Up to 19 major banks were named as direct participants in CIPS, with 38 Chinese banks and up to 140 foreign financial institutions named as indirect participants. © AFP 2015/ PHILIPPE LOPEZ China Plans to Launch Own International Payment System by … Read moreChina Launches Yuan-Based International Payment System