Dealing with Chinese clients can be especially complicated for bankers, as they also need to consider China’s complicated political situation. Finews.first has an interesting article regarding what pitfalls bankers should avoid when dealing with Chinese customers.
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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...