Over a thousand years ago, people in the Northern Song Dynasty (960–1127) in China invented the world's first paper currency—Jiaozi. The advent of Jiaozi demonstrated to the world that objects ...
China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...
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