The swift move of Vietnam’s central bank in response to the devaluation of the Chinese yuan on Wednesday will fortify the local banking and financial system so that it will stand firmly against any external destabilizing factors
Dezheng Resources and its affiliates are suspected of borrowing more than 16 billion yuan ($2.57 billion) from 18 Chinese banks using the same stockpiles of metals
The move would make yuan, or renminbi, transactions in London's financial centre more efficient and quicker.
The farmers, members of a co-operative in Liangshan county in the southwestern province of Sichuan, stacked bundles of 100-yuan banknotes into a wall two metres (seven feet) long and half a metre high before handing out the dividends