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Aggregated China Business Blogs
UAE, Qatar Drive RMB Adoption In The Middle East
Aggregated Source: China Money Network
The United Arab Emirates (UAE) and Qatar are the most active Middle East countries using the RMB for direct payments with mainland China and Hong Kong, according to recent data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). In 2015, the UAE's use of the RMB accounted for 74% of payments by value […]


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