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Renminbi cross-border receipts and payments linked to trade-finance business reached RMB714.9bn, approximately US$106.5bn at 25 September exchange rates, during the first half of 2026 as use of the Chinese currency continued to expand across trade, financing and corporate payments. The...
#China#corporate treasury#cross-border payments
China's new nationwide cross-border cash-pooling regime takes effect today, allowing qualifying multinational groups to centralise renminbi and foreign-currency liquidity, external…
#cash pooling#China#corporate treasury
Deutsche Bank has become the first non-Chinese bank in Europe authorised to act as a renminbi clearing bank, expanding the…
#China-Europe trade#CIPS#cross-border payments