China Construction Bank has won approval by Chile 's bank regulator to start operating in the country, thereby making it the first clearing bank for the Antonio de la Jara in the region which will help to boost the use of the yuan currency in Latin America . Chile’s top trade partner, China accounts for over 20 percent of the South American nation’s exports, mostly of copper but also wood pulp, wine, salmon, and other products. As part of that deal, China and China agreed to a currency swap agreement that would facilitate the exchange of a maximum of CLP 2.2tn ($ $3.25 billion ) for Wednesday .
China Construction Bank has won approval by Chile 's bank regulator to start operating in the country, thereby making it the first clearing bank for the Antonio de la Jara in the region which will help to boost the use of the yuan currency in Latin America . As part of that deal, China and China agreed to a currency swap agreement that would facilitate the exchange of a maximum of CLP 2.2tn ($ $3.25 billion ) for Wednesday .