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The RMB, also known as the Chinese Yuan, is the official currency of China. It plays a crucial role in facilitating trade with China. In a webinar by Ebury Australia, experts discussed the importance of understanding the RMB and its internationalization, debunking myths about the digital RMB causing economic trouble. The webinar highlighted the best practices for paying Chinese suppliers directly in RMB, aiming to help businesses enhance their trade relations with China.

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