Natixis report: Use of Chinese currency for international seafood transactions still not realistic

A person holding several Chinese yuan.

China’s international payment processing system is unlikely to offer an alternative for trade between Chinese seafood buyers and suppliers in sanctioned countries like Russia, according to a report compiled by Alicia Garcia Herrero, chief economist for Asia at the French investment bank Natixis and shared with SeafoodSource ... 

Photo courtesy of ThewayIsee/Shutterstock


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