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Cross-border use of RMB surges in BRI countries: Bank of China

Data from the Bank of China shows that in the first eight months this year, institutions related to countries participating in the Belt and Road Initiative(BRI) handled cross-border RMB settlements amounting to 5728.52 billion yuan, a year-on-year increase of 90.41 percent, which means the use of cross-border RMB in these participating countries is growing rapidly.

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