Voice of Russia 30.3.2014: President Xi Jinping's visit to Germany yielded an unexpected success for the Chinese quest to internationalize the yuan. "Angela Merkel convinced the Chinese decision-makers to chose Frankfurt over Paris and Luxembourg. Most probable, the choice was influenced by the fact that Germany is the biggest trade partner of China in Europe with a yearly turnover of more than 140 billion euros. It is obvious that it was only a matter of time until Beijing will try to switch all the trade flows between the European Union and China from US dollars to Chinese yuan. "