Companies news
SystematicEdge releases latest thought piece: Why companies should pay their Chinese suppliers in RMB (instead of USD)
The development of the offshore RMB (CNH) and the subsequent roll-out of USDCNH Futures contracts have been a game changer for non-Chinese companies doing business with suppliers based in mainland China. As a result, an increasing number of companies have already switched their payment currency from USD to RMB.
In its latest 'Thought Piece' SystematicEdge breaks down the advantages of paying Chinese suppliers in RMB instead of USD.
