It will be easier to trade with China

The euro zone's first clearing platform calculating in Chinese currency started operations in Frankfurt.

With the platform, operated by the Bank of China it is possible to carry out trade transactions in China's foreign cuurency the “renminbi” (RMB), through the customers’ own bank. In August 2014; more than 10 thousand financial institutions were doing business in RMB, compared to the 900 in June 2011. (MTI, tozsdeforum.hu)