According to Jia Ning, the director general of the balance of payments department at the State Administration of Foreign Exchange, foreign investment in RMB assets is on the rise. Speaking at a press conference on Tuesday, Jia emphasized that there is a stable and sustainable potential for further growth in these investments.
This indication from China’s regulatory authority underscores the increasing international interest in the Renminbi, signaling positive trends within the global financial landscape.
Source: news.cgtn.com
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