
A clerk counts renminbi banknotes in Hai'an city in eastern China's Jiangsu province. AP
A clerk counts renminbi banknotes in Hai'an city in eastern China's Jiangsu province. AP
China's yuan gains traction as international trade settlement currency
The Standard Chartered Renminbi Globalisation Index, the bank's proprietary measure of international renminbi usage, rose 26.6% last year