BEIJING, May 26 (Xinhua) -- Chinese authorities have decided to help foreign trade enterprises fend off foreign exchange rate risks amid a volatile international financial market situation.
The country will optimize risk hedging products and services, and further facilitate cross-border payments of the Chinese renminbi (RMB), according to a circular jointly released by the Ministry of Commerce, the People's Bank of China and the State Administration of Foreign Exchange.
Join our Telegram channel to get our Evening Alerts and breaking news highlights
