cross - border trade

The most significant measure China has taken so far is allowing cross-border trade to be invoiced and paid in its currency.

Observers say that the junta plans to take over control of all cross-border trade after transforming the DKBA into a BGF.

"Within five years' time, " he said, "one third of China's cross border trade will be settled in yuan rather than dollars. "

Mr Chan said the number of mainland enterprises eligible for cross-border trade settlement had recently been increased to 67, 000.

Bankers say only a small fraction of cross-border trade settled in renminbi is likely to be fraudulent.

Cross-border trade, after all, used to be its own speciality.

The Obama administration has moved to restrict access to the U. S. market by Mexican trucks involved in cross-border trade.

Launched in 1999, the single currency had an immediate impact by smoothing cross-border trade, travel and flow of workers.

To try to prevent security worries clogging cross-border trade, American customs officials may be posted throughout Mexico.

Cross-border trade entails helping small merchants with languages, logistics, customs documentation and international payments.

Others are disappointed that North Korea has dashed decades of hopes for cross-border trade or special economic zones along the border.

In July 2009, HSBC was the first foreign bank to settle cross-border trade in renminbi following landmark reforms by Beijing.

Despite limited liberalisation, that system produced huge increases in cross-border trade and investment.

Last year , Beijing allowed the yuan to be used to settle cross- border trade in an effort to break China's overreliance on the dollar .

It also ranked countries' investor protections, contract enforcement and cross-border trade laws.

Partly thanks to the abolition of visa requirements for Syrians, cross-border trade is booming.

These concerns may create additional incentives for firms to serve the market via cross-border trade.

If any problem was encountered in cross border trade or movement of people, these were always resolved on a bilateral basis.

China has many reasons to reduce its reliance on the dollar, which is used for almost all its cross-border trade and finance.

The effective of RMB has first appeared in border trade, cross-border trade and currency exchange etc.

F or Chinese companies, the attractions of settling cross-border trade in their own currency are clear.

Also Wednesday, China's central bank published plans calling for the increased use of Chinese currency in cross-border trade.

Despite strong growth in many of the member states, cross-border trade remains minimal.

Covert cross-border trade also helped alleviate some misery.

That means higher transactions costs for Chinese companies, too, compared to tradi tional cross-border trade in dollars.

Using RMB in cross-border trade settlement has been brewing for a long time, now it is eligible and well-timed.

Consider, for example, the United States' questionable prohibition of cross-border trade in Internet gambling.

The environmental group noted the cross-border trade of logs and planks fell by more than 70% between 2005 and 2008.

When news of the accord broke in July, he responded by freezing cross-border trade (which was flourishing).

As cross-border trade grows and more and more people work abroad, such disputes are likely to become more frequent.

Lin Jinshu, a professorstudying cross-border trade in Yanbian University, says thatTumen does not have any advantages for trade.

The ability of Hong Kong to do cross-border trade settlements in yuan could swell yuan deposits held in Hong Kong.

We have also run the pilot program of settling cross-border trade in goods in RMB first in Hong Kong.

That includes winning a role for Hong Kong in Beijing's decision last July to allow firms to settle cross-border trade transactions in yuan.

the trials of settling cross-border trade accounts in RMB

Cross Border Trade in Services