History has just been made today as the NEW
China International Payment System (CIPS) has
been activated to circumvent & bypass the global
SWIFT System using the YUAN.
This is the OFFICIAL restructuring of the Global Banking
& Financial Architecture.
Pay close attention to EM's, BRICS, AIIB and Russia and China's NEXT MOVE!!!!
Global Order is about to be RESeTORED
EXOGEN
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BEIJING: China today launched the first phase of its much anticipated China International Payment System (CIPS), a milestone in bolstering yuan's global usage and furthering cross-border clearing of its currency from the Chinese mainland instead of offshore centres abroad.
The CIPS provides capital settlement and clearing services for cross-border yuan transactions for financial institutions domestically and abroad.
It will enhance efficiency and increase global use of the Ch ..
China launches international payment system to globalise yuan
BEIJING: China today launched the first phase of its much anticipated China International Payment System (CIPS), a milestone in bolstering yuan's global usage and furthering cross-border clearing of its currency from the Chinese mainland instead of offshore centres abroad.
The CIPS provides capital settlement and clearing services for cross-border yuan transactions for financial institutions domestically and abroad.
It will enhance efficiency and increase global use of the Ch ..
