Chile is the latest country to launch Renminbi swaps and settlements with China

Reblogged from Follow The Money:

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http://news.xinhuanet.com/english/china/2012-06/27/c_123334167.htm

China and Chile agreed Tuesday to upgrade their bilateral ties to a strategic partnership, and double trade in three years.

Chinese Premier Wen Jiabao and Chilean President Sebastian Pinera announced Tuesday the establishment of China-Chile strategic partnership and the completion of negotiations on investment-related supplementary deals to a bilateral free trade agreement.

During their talks, Wen urged speedy signing and ratification of these supplementary deals and called for the finalization of the China-Chile free trade area.

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One Comment on “Chile is the latest country to launch Renminbi swaps and settlements with China”

  1. The Cat Says:

    Oh they shouldn’t trust China should they? The Chinese can’t make small electronic goods that last, so how are they going to make an agreement last?

    Reply

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