The protests in Hong Kong have affected Swiss watch sales: in June sales in the city were down 26.8 percent compared to the year before. July was a bit better again, with sales only lagging by 1.3 percent.
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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...