China Says No To India’s Proposal For Rupee-Renminbi Trade
The national flags of China, left, and India sit on a desk. (Photographer: Prashanth Vishwanathan/Bloomberg)

China Says No To India’s Proposal For Rupee-Renminbi Trade

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China has not accepted India's proposal to carry out bilateral trade in local currencies which was aimed at bridging the ballooning trade deficit with the neighbouring country, an official said.
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