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Deutsche Bank has become the first non-Chinese bank in Europe authorised to act as a renminbi clearing bank, expanding the infrastructure available to companies settling trade and investment flows between China and Europe. The People’s Bank of China approved the...
#China-Europe trade#CIPS#cross-border payments
UK manufacturers increased production at the fastest rate in almost two years during July, although precautionary inventory building and renewed…
#CIPS#energy costs#export orders