Cross-border RMB settlements at Mohan Port rise 51.25% in first five months

Cross-border RMB settlements at Mohan Port on the China-Laos border reached 3.844 billion yuan (about $535 million) from January to May, up 51.25% year on year and accounting for 94.14% of the port's total domestic and foreign currency settlements, the People's Bank of China said. ...