Yuan usage to grow on bilateral trade, investments


Sharing insight: (from left) Sill, Mukthar and Kong at the briefing.

KUALA LUMPUR: Usage of yuan will continue to grow in Malaysia as the country’s bilateral trade and investment relationship with China continues to deepen.

According to HSBC Malaysia, increasingly more Malaysian companies have become comfortable with using yuan for trade settlement as the internationalisation of China’s currency begins to gain pace.

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Business , HSBC , economy , yuan , ringgit , trade , settlements , currency ,

   

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