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International Law

: China Briefing Blog

New Bank Department To Handle RMB Global Development

By China Briefing

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Sept. 8 – China?s central bank, the People?s Bank of China (PBOC), will establish a Second Monetary Policy Unit to deal with a wide range of commercial issues concerning the use of the renminbi in international trade, investment, swaps and foreign aid. The unit is will be led by current PBOC Vice-Governor, Hu Xiaolian. The aim [...]

Full post as published by China Briefing Blog on September 08, 2009 (boomark / email).

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