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Last updated at: (Beijing Time) Monday, September 29, 2003

New rule for country's border trade

Chinese companies doing foreign trade businesses at the country's border areas can settle their deals in the neighboring countries' currencies starting on Wednesday, the State Administration of Foreign Exchange said.


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Chinese companies doing foreign trade businesses at the country's border areas can settle their deals in the neighboring countries' currencies starting on Wednesday, the State Administration of Foreign Exchange said.

Currently, only the Chinese currency of yuan and some convertible currencies are permitted to be used to settle cross-border deals.


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