World Economy
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Won-Yuan Deal

Won-Yuan Deal Won-Yuan Deal

Samsung Electronics Co., South Korea’s top tech firm, said Wednesday that it is considering adopting a direct yuan settlement for its shipments to Asia’s biggest economy to reduce costs and currency risks, a move likely to prompt other local companies to follow suit upon the preliminary signing of a Korea-China free trade deal, Yonhap reported.

 

Financialtribune.com