China National Advanced Payment System - CNAPS CNAPS is an | WhipLash347
China National Advanced Payment System - CNAPS
CNAPS is an electronic inter-bank clearing system in China for processing Yuan payments
No other country in history has seen the same kind of meteoric rise in income, quality of life, and production as China, and it’s largely thanks to its fairly new participation in free trade domestically and on a global scale
China currently uses the CNAPS, with a 2014 settlement amount of 6.55 trillion RMB