The People's Bank of China (China's central bank) comments via Reuters
- Aims to facilitate trade and investment dealings
- To also encourage use of CNY in carbon emissions trading
- To facilitate companies' ability to transfer CNY raised overseas to China
- To also facilitate foreign direct investments (FDI) in CNY
The PBOC with some comments on improving the Chinese yuan's usage in cross-border transactions/settlement with regard to trade and investments.
No clear details on that, but the PBOC is said to ensure remittance of overseas' investors' returns in China - which includes profits and stock dividends.
