Carbon market can prop up China’s Silk Road plans, help globalise RMB -ex-official

Published 13:32 on June 14, 2016  /  Last updated at 20:59 on June 14, 2016  /  Asia Pacific, China, China's National ETS, Japan, Other APAC, South Korea  /  No Comments

By extending its emissions trading plans into south and east Asia and working towards an RMB-denominated Asian carbon market, China could help realise President Xi Jinping’s Silk Road plans and internationalise its currency, a respected economist and former official said this week.

By extending its emissions trading plans into south and east Asia and working towards an RMB-denominated Asian carbon market, China could help realise President Xi Jinping’s Silk Road plans and internationalise its currency, a respected economist and former official said this week.

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