China Partners With Swift to Boost Global Use of Yuan & Cut Reliance on US Dollar
Click the original video or article link here >>> China Partners With Swift to Boost Global Use of Yuan & Cut Reliance on US Dollar
The People’s Bank of China has agreed a partnership with the global interbank settlement organization SWIFT, as part of an effort to internationalize the yuan and develop a digital Chinese currency. The new entity, Finance Gateway Information Service, was registered in Beijing on January 16 with €10 million ($12 million) as incorporation capital, according to the National Enterprise Credit Information Publicity System, the Chinese government’s enterprise credit information agency.
Source: rt.com
IMPORTANT STATEMENT: Please understand that much of the “news” in present and coming days will be an informational chess dance, with information being used as weapons by various interested parties. So please take all information with a proverbial “grain of salt”, and keep in mind that information provided by externals news sources are not necessarily reflective of the viewpoints of this website. Also see the Disclaimer/Legal section on this page.