Traineeinvestor Posted December 24, 2014 Author Report Share Posted December 24, 2014 ABC (Agricultural Bank of China) now has approval from both the Russian and the Chinese regulatory authorities to open a branch in Moscow: http://iis.aastocks.com/20141224/002083796-0.PDF While not particularly significant in in itself, it is further evidence of the failings of American foreign policy and the process of turning the RMB into an alternative settlement currency to the USD. Link to comment Share on other sites More sharing options...
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