Global Trade Alert
Global Trade Alert

China: Pilot project for cross-border RMB trade

Announcement

01 Jul 2009

In July 2009, the government of China announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2009

Revocation date:

No revocation date

Updated: 01 Jul 2009
Controls on commercial transactions and investment instruments In force
On 1 July 2009 the Ministry of Commerce of the People's Republic of China announced that it would launch a pilot program for cross-border trade in renminbi, the national currency of the PRC. The annou...
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