日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

RMB becomes more frequently used in Latin America

Xinhua | Updated: 2016-12-31 10:59

BUENOS AIRES - A tango show in Argentina, a caipirinha in Brazil, a delicious ceviche in Peru, or a weekend beach break in Mexico. All these pleasures may soon be paid for with a wad of crisp 100 renminbi (RMB) bills.

This is a consequence of the growing presence of the Chinese currency in Latin America thanks to the region's deepening financial cooperation with China and the internationalization of the RMB.

On Oct 1, the RMB was added to the International Monetary Fund (IMF)'s Special Drawing Rights basket, a supplement to a shortfall of preferred foreign exchange reserve assets, namely gold and the US dollar.

This has brought the Chinese currency to a new level of international fame, and it is now not unusual to see shopkeepers in Buenos Aires' antiques markets accept RMB from Chinese tourists.

The 100-RMB notes are already frequently used in commercial exchanges in Argentina, Brazil, Chile and Suriname, countries with which China has currency exchange agreements.

The growing cooperation also allows China's UnionPay bank cards to be used in 12 Latin American countries, including Mexico, Brazil, Argentina and Peru.

Beyond having the UnionPay logo added to signs that traditionally welcomed only Visa, MasterCard and American Express, the Chinese rival is also seeking to launch UnionPay cards in local markets.

Speaking to Xinhua, Argentinean international relations expert Jorge Castro said the IMF's decision is positively impacting Argentina.

For Castro, who leads the Institute for Strategic Planning, "the use of the RMB as a global currency will accelerate the promotion of Argentinean agricultural exports. Furthermore, the currency will play a larger role in Chinese financing in Argentina."

Juan Pablo Scasserra, director of foreign trade for HSBC Argentina, said earlier this year that "operating in RMB allows Argentinean exporters and importers to negotiate better conditions with their Chinese counterparts, among other benefits."

"Argentina and China have reached a new political level in their relationship, which makes them strategic and integral partners," Gustavo Girado, director of Asia & Argentina consultancy, told Xinhua, adding that the RMB joining the IMF's elite currency club can bring about more opportunities for both countries.

According to Inter-American Development Bank Vice President Alexandre Meira da Rosa, the bank also sees the internationalization of the RMB in Latin America as a positive step, which can make trade easier and open up alternative lines of financing.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人久久免费 | av大片免费 | 五月婷婷丁香在线 | 日韩一二三四 | 日本成人一级片 | 神马影院午夜伦 | 毛片网站视频 | 亚洲成熟少妇视频在线观看 | av免费在线网站 | 毛片视频播放 | 欧美v在线 | 26uuu精品一区二区 | 国产911| 欧美成视频 | 久久久久久久久久久网站 | 成人午夜精品福利免费 | 亚洲午夜在线视频 | 国产视频欧美视频 | 亚洲黄色网页 | 亚洲色图网址 | 九九综合 | 国产精品资源站 | 综合欧美日韩 | 精品视频三区 | 久久一久久 | 欧美大片免费看 | 国产999| 天天操天天看 | 精品国产一区二区三区久久久蜜臀 | 日韩久久中文字幕 | 青青草手机在线 | 色婷婷激情五月 | 嫩草在线观看视频 | 婷婷色亚洲| 一区二区网 | 精品国产乱码久久久久久蜜臀网站 | 综合天堂av久久久久久久 | 成人免费激情视频 | 一级成人免费视频 | 在线观看色视频 | 一区二区三区一级片 |