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The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.
Nadeem Ashraf, trade execution lead at Cargill, tells CT the difficulties of breaking from the age-old way of doing global trades.
Nick Cimino, group treasurer, tells CT how a more efficient manufacturing process has slashed its supply chain costs and production time.