March 22, 2015 BY Mike Fox
Canada's Minister of Finance set to launch the 'Canadian Renminbi Clearing Centre & Trading Hub'
Over the past decade, China has become Canada’s second largest and fastest growing trading partner, with exports quadrupling from $5 billion to $20 billion and imports nearly tripling from $18.6 billion to $52 billion. Canada claims the first RMB hub in the Americas and is set to boost these trends...
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