久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

Bank of China gets yuan mandate in Frankfurt

(China Daily) Updated: 2014-06-20 08:46

The central bank said on Thursday that it had designated Bank of China Ltd as the first yuan-clearing service bank in Frankfurt, the latest step in the nation's drive to bolster international use of the currency.

The move came a day after China Construction Bank Corp was designated as the first yuan-clearing bank in London.

In a statement on its website, the People's Bank of China appointed Bank of China as the first bank in the euro area able to clear payments in the Chinese currency.

The selection of the lender's Frankfurt branch will help Germany's financial capital become a hub for yuan trading, experts said. The German and Chinese central banks agreed on March 28 to cooperate in the clearing and settlement of transactions in the yuan.

Since March, three issuers have sold yuan-denominated debt in Frankfurt.

"The reason for Frankfurt to facilitate euro-area trade is because it is the center for the European Central Bank. And in exactly the same way, London is the sterling center and the link is between sterling and the renminbi," said Andrew Main, managing partner of Stratton Street Capital LLP.

During Premier Li Keqiang's visit to the UK this week, China Construction Bank, the country's second-largest lender, clinched a deal to become UK's first clearing bank for the yuan. London is also aiming to become the leading Western center for the offshore yuan trade.

The PBOC said on Wednesday that the Chinese currency will be traded directly against sterling in the interbank foreign exchange market, a new step to facilitate investment and bilateral trade between China and Britain.

London, which dominates the $5 trillion a day global foreign exchange market, accounts for two-thirds of all renminbi payments outside of the Chinese mainland and Hong Kong, according to UK Chancellor of the Exchequer George Osborne.

Osborne also said on Wednesday the increasing importance of the yuan could lead to a "historic shake-up" of the global financial system, and he wants the United Kingdom to play a central role.

Financial centers such as London, Frankfurt, Luxembourg, New York, Paris and Singapore are competing to become the top offshore yuan hub as China promotes the use of its currency in international trade.

Bank of China gets yuan mandate in Frankfurt

Bank of China gets yuan mandate in Frankfurt

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 老太婆性杂交毛片 | 国产三级三级三级三级 | 在线看片日韩 | 波多野结衣中文在线 | 国产精品免费大片 | 91香蕉成人免费高清网站 | 一级毛片在线免费视频 | 成人影院免费看 | 99久久免费精品国产免费高清 | 国产成人咱精品视频免费网站 | 韩国一级性生活片 | 午夜香港三级a三级三点 | 亚洲欧美卡通动漫丝袜美腿 | 欧美日韩亚洲高清不卡一区二区三区 | 这里只有久久精品视频 | 亚洲欧美日韩综合二区三区 | 99视频免费在线观看 | 欧美专区视频 | 99精品在线 | 成人亚洲国产综合精品91 | 国产真实乱子伦xxxxchina | 国产成人在线免费视频 | 精品日本一区二区三区在线观看 | 国产欧美日韩在线观看 | 国产欧美日韩亚洲精品区2345 | 美女很黄很黄免费的 | 免费一级毛片在播放视频 | 日韩精品一区二区三区在线观看l | 99精品久久秒播无毒不卡 | 成人国产在线24小时播放视频 | 国产真人毛片一级视频 | 又黄又刺激下面流水的视频 | 国产精品99久久久久久人 | 欧美视频在线网站 | 一级毛片免费看 | 国产一区免费在线观看 | 日本www免费 | 亚洲免费观看在线视频 | 国产精品亚洲一区二区三区 | 天天夜夜久久 | 大量愉拍情侣在线视频 |