Surge in Central Asian Investment Boosts RMB Use to Mitigate Risks and Costs for Infrastructure Enterprises
China is the largest investor in Central Asia, and expanding the use of the yuan in the region could reduce currency exchange risks and costs for infrastructure companies, especially when the U.S. dollar is strong, speakers said Thursday at an investment panel in Hong Kong. The move is also part of a trend of increasing yuan popularity driven by global commercial flow demands.
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