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Meet the Diplomats: RMB Internationalization: From Jamaican Dollars to Chinese RMB


03-03-2017 21:18 BJT

Full coverage: 2017 NPC & CPPCC Sessions

The IMF (International Monetary Fund) has allowed China’s yuan currency to enter the special drawing rights basket of commonly traded currencies. Meanwhile, Chinese companies have invested over $US2bn. in Jamaica. Kingston hopes to launch an RMB settlement program with Beijing in the near future.

Jamaica’s Finance Minister The Hon. Audley Shaw talks to CCTV.com’s ‘Meet Diplomats’ host Li Shou’en to explain further details …

(The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com)

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