Deal for yuan trade with China in works

6 February 2018
The Phnom Penh Post
International relations / Ministry of Commerce / Trade
National Bank of Cambodia (NBC) / Pan Sorasak

Officials in Cambodia and China’s Guangdong province are cooperating to establish trade using yuan instead of US dollars, part of the two countries’ increasingly close economic relationship. The suggestion to use yuan directly, instead of using US dollars as an intermediary currency, was made by deputy-director of Guangdong province Ouyang Weimin during a visit to the province by Cambodian Minister of Commerce Pan Sorasak on Friday. …

 Hor Kimsay
http://www.phnompenhpost.com/business/deal-yuan-trade-china-works

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