China fx trade system
19 Apr 2018 Despite China's central role in global oil markets, the RMB is unlikely to challenge the dollar as the default currency for oil trade anytime soon. confidence in the dollar-based international system, in China and elsewhere. Canton system, trading pattern that developed between Chinese and foreign trade of Europeans, who attempted to earn currency to buy Chinese goods by 28 Aug 2019 Recent escalation in trade tensions left analysts and investors wondering how much further Beijing would allow the currency to weaken. GP: