China signs MOUs with Kazakhstan, Laos central banks on RMB clearing arrangement

BEIJING (Reuters) - China's central bank said on Tuesday it had signed memorandums with the central banks of Kazakhstan and Laos on the Chinese yuan clearing arrangement.

The moves aimed to facilitate trade and investment between China, Kazakhstan and Laos, according to statements from the People's Bank of China.

(Reporting by Liangping Gao and Ryan Woo; Editing by Andrew Heavens)