Latest news and articles about RMB cross-border payments
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US equities rose after conciliatory remarks at Davos, yet spot gold hit a record near $4,888/oz as a severe winter storm and falling temperatures in Europe and Asia sent natural-gas prices soaring. Chinese policy moves — from faster RMB cross-border payments to tax breaks for CDR investors — signalled continued financial opening even as corporate earnings and sector-specific strains paint an uneven domestic picture.