Markets · 1 sources covering this

China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe

China has authorized Deutsche Bank AG as the first non-Chinese lender that can settle yuan transactions in Europe, expanding its clearing network to promote the currency overseas.

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·2h ago
China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe
China has authorized Deutsche Bank AG as the first non-Chinese lender that can settle yuan transactions in Europe, expanding its clearing network to promote the currency overseas.
Read at Bloomberg →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/55a2b0d5741eff91ee7e1ab61badd38d2d733d4d"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe"></iframe>

China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe

How 1 sources are covering this

China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe

More from Markets

AGL Jumps Most in Six Months on Strong Battery Performance

Air India Pilot Tests Positive for Drugs

Iran, US Harden Stances as Pakistan Says Deal Is Near

JPMorgan Boosts Singapore Stocks Target as Economic Growth Holds

Reader

Trust & legal

Across the network