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China and Sri Lanka promote yuan use to boost trade, cut costs, and enhance financial stability.
Chinese and Sri Lankan officials highlighted the expanding role of the Chinese yuan in boosting bilateral trade and financial ties at the RMB Forum Sri Lanka 2025.
Officials said wider use of the RMB can help Sri Lanka diversify reserves, reduce exchange rate risks, lower transaction costs, and improve financial stability.
The forum, attended by nearly 300 leaders, emphasized cross-border RMB settlement, financial integration, and deeper economic cooperation.
China’s ambassador cited rising RMB usage globally, including $4.9 trillion in cross-border payments in early 2025 and growing adoption through currency swaps and the CIPS payment system.
China y Sri Lanka promueven el uso del yuan para impulsar el comercio, reducir costes y mejorar la estabilidad financiera.