To boost the use of the yuan in cross-border trade and investment in a latest bid to globalize the currency, the Industrial and Commercial Bank of China (ICBC)'s arm in Singapore has started clearing offshore yuan trading.
What does CBT stand for?
CBT stands for Cross-Border Trade
This definition appears very rarely and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of CBT
We have 219 other meanings of CBT in our Acronym Attic
- Confederação Brasileira de Tênis (Portuguese: Brazilian Tennis Confederation)
- Continuous Bronchodilator Therapy (respiration)
- Core Body Temperature
- Core-Based Tree
- Corporation Business Tax
- Coulomb Blockade Thermometer
- Count Basie Theater
- Criminal Breach of Trust
- Critical Business Testing (various companies; UK)
- Cross Boundary Team
- Crossbar Technology (family of logic integrated circuits)
- Crossbar Transceiver
- CSP Backside Terminal
- Current Big Thing
- Customer Branch Transformation
- Combat Engineer
- Combat Synthetic Test and Training Assessment Range
- Cognitive Behavioral Therapy for Insomnia
- Computer Based Training/Interactive Course-Ware
- Caffeine Banishment Therapy Aid
Samples in periodicals archive:
Trade of goods from Guangzhou in the north and west and trade of goods from Xinjiang to the south and the east To make a breakthrough in cross-border trade in the market, the local governments of Shufu County of Kashgar will establish Guangzhou as a transfer station of trade of goods from the north and west.
In the same period, the said OBUs also recorded new highs in RMB-based loans, assets, and cross-border trade settlement.
Cross-border trade settlement in yuan effectively reduces the risks posed by exchange rate fluctuations to China's trade partners, Jin said.
In 1999, the country's pipeline and liquefied natural gas (LNG) exports accounted for 12% of the world's total cross-border trade in gas, while last year that share was only 6%.
The international cross-border trade center Sary-Tash was inaugurated in Osh today.
Global Banking News-2 December 2009-Bank of China transacts over CNY200m in cross-border trade settlement(C)2009 ENPublishing - http://www.
Cross-border trade has become a major drain on Ireland's economy with a recent government report revealing up to 550 million euros (487 million pounds) was spent by Irish shoppers in Northern Ireland last year.