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The Popular highlights China's expansion
posted on: Feb 8 2012 7:45 by RDugey. Viewed 18 times.
El Banco Popular Dominicano organized the economic day "China and the internationalization of its currency, the renminbí," to guide its customers in corporate and entrepreneurial business regarding international boom that is reaching the Asian currency and the currency from the financial institution marketing requirements.
René Grullón, Executive Vice President of business enterprise and international of the people's Bank, explained the role that can be played Dominican Republic in their growing trade relations with China.
"The Asian colossus is an example to follow." No one doubts that China will mark the economic pace in the coming years and we are prepared to do this.
"The people is already willing to develop operations and transactions, issuing and accepting payments in renminbí, if your suppliers ask it for", said the Executive banking.
According to the Organization u000aWorld Trade (WTO), China is among the five major trading partners of Dominican Republic.
The event counted with the presence of David Mann, prominent economist and Advisor to the Standard Chartered Bank (SCB), British entity with which the Popular maintains trade relations.
Mann explained the rise of china's currency from the profile of economic growth in the Asian country.
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