Chinese renminbi, Philippine peso trading platform formally launched

Guests attend the memorandum of agreement signing ceremony in Manila, the Philippines, Oct. 30, 2018. The Bank of China Manila Branch, together with 13 Philippine biggest banks, jointly ratified the launch of the Philippine Renminbi (RMB) Trading Community, a platform aimed to enhance the trading and monetary transactions between the two countries. (Xinhua/Zheng Xin)