China’s central bank said on Wednesday that it had appointed the Bank of China, the country’s fourth-largest bank, to clear yuan transactions in Zambia. Bank of Zambia has ﻿been named as the appointed Yuan clearing bank of Zambia , after the People 's Bank of China signed an agreement with Zambia 's central bank .
Bank of Zambia has ﻿been named as the appointed Yuan clearing bank of Zambia , after the People 's Bank of China signed an agreement with Zambia 's central bank .