In the news: RMB enters IMF basket, GSK pays the SEC a $20M fine, the Belt and Road gets a boost and Didi snaps back at local driving rules

Oct 11, 2016
The renminbi achieved global reserve status, GlaxoSmithKline settled China bribery charges, the PBOC pushed for more currency clearing houses and three major cities drafted restrictive ride-sharing regulations

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Renminbi joins IMF reserve currency basket

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