The world's largest hardwood pulp manufacturer is considering RMB-denominated exports to China

[the world's largest hardwood pulp manufacturer is considering RMB-denominated exports to China]. Walter Sarka, CEO of Susano Paper and Pulp Company, the world's largest hardwood pulp manufacturer, said recently that the company is considering exporting products to China in RMB. The importance of the renminbi is rising, says Mr Sarka. He stressed that China will undoubtedly become more important in the global market. Susano Paper and Pulp, headquartered in Brazil, sells 43 per cent of its pulp to China.