EconomyChina proposes simpler forex settlements for cross-border business

China's foreign-exchange regulator has put nine proposed changes to current-account transactions out for consultation. They would widen settlement-service options and simplify trade-related payments across borders, with lower costs and smoother international commerce as aims.

Chinaforeign exchangecross-border trade

SSouth China Morning Post★★★☆☆2026-11-03 07:00Original