The number of financial institutions that are part of China's Cross-Border Interbank Payment System (CIPS) is expected to breach 1,000 in total by the...
The State Administration of Foreign Exchange (SAFE) has issued a new directive that significantly scales back China's restrictions on cross-border payments operations.
Shanghai's financial authorities have issued a raft of regulations for facilitating cross-border renminbi settlement in the Lingang free-trade zone, which is home...