The China International Fair for Trade in Service (CIFTIS) will be held from September 3rd to 7th in Beijing and so far has attracted 43 international financial institutions from 18 countries, including Morgan Stanley, UBS, Deutsche Bank, Daiwa Securities, Goldman Sachs and Oaktree Capital. CIFTIS is the largest exhibition for global trade in services.
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Renminbi Hub in Switzerland has 13 partner banks
In 2016, the China Construction Bank (CBC) established the Renminbi Hub in Switzerland and since then, is developing cross-border business with the currency in...