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Offshore yuan development promoted
China is stepping up efforts to expand the renminbi's global footprint by strengthening cross-border payment and offshore clearing infrastructure under a new five-year blueprint, while designating Deutsche Bank as an RMB clearing bank for Europe in Frankfurt.
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global.chinadaily.com.cn
China's central bank authorizes Deutsche Bank as RMB clearing bank
China's central bank authorizes Deutsche Bank as RMB clearing bank
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cryptobriefing.com
Deutsche Bank appointed as RMB clearing bank for Europe, expanding China's currency reach
PBOC authorizes Deutsche Bank as RMB clearing bank in Frankfurt, expanding China's yuan infrastructure in Europe alongside the Bank of China.
