China's Q1 cross-border RMB transactions with Cambodia, Malaysia up

Such transactions between China and Cambodia amounted to 5 billion yuan (~$693 million) during the quarter—up by 45 per cent year on year (YoY). Of that, transactions for trade in goods totalled 1.3 billion yuan—an increase of 23 per cent YoY.

Such transactions between China and Malaysia amounted to 102 billion yuan in the quarter, growing by 27 per cent YoY, a state-controlled news agency reported.

ALCHEMPro News Desk (DS)