The Chinese payment firm, which helps MSMEs conduct cross-border trade, has plans for 200 countries, including Vietnam, Bangladesh, Thailand and Pakistan.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
China’s Belt and Road will cut transport times and costs but countries along the trade routes would need to develop better safeguards to address the debt sustainability risks stemming from the project, according to ...
Highly controlled and with tiny international reserves, there are many stumbling blocks to the renminbi as a global currency. But could emerging economies along the Belt and Road change all that?