Steps Taken By President Obama and President Xi to Facilitate Renminbi Trading and Clearing in the United States

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Steps Taken By President Obama and President Xi to Facilitate Renminbi Trading and Clearing in the United States

By Mike Bloomberg - SEP. 25, 2015
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Steps Taken By President Obama and President Xi to Facilitate Renminbi Trading and Clearing in the United States http://3bl.me/nhxcfh
Friday, October 2, 2015 - 8:50am

CAMPAIGN: Bloomberg: Philanthropy & Engagement

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Originally posted on mikebloomberg.com 

I want to congratulate President Obama and President Xi for a number of economic steps, but in particular advancing a mechanism to trade the Chinese currency in the United States. Doing this will be a very powerful move towards improving bi-lateral relations, promoting trade between our countries, improving the competitiveness of U.S. companies, and strengthening America's financial sector. There's still a lot more to do, but this is a great first step together.

Keywords: Events, Media & Communications | Asia | Barack Obama | Bloomberg | Business | China | Economy | Education | Events, Media & Communications | Global | Obama

CAMPAIGN: Bloomberg: Philanthropy & Engagement

CONTENT: Blog

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