Financial integration is becoming a prominent focus within the Belt and Road Initiative, and this emphasis plays a vital role in expediting the global adoption of the RMB. China's central bank has inked currency swap agreements and established cross-border interbank payment systems in numerous BRI partner nations. The usage of cross-border RMB payments is steadily rising, and the yuan's significance in the foreign currency reserves of many countries is on the ascent.
Copyright © 2020 CGTN. Beijing ICP prepared NO.16065310-3