Lates News

On November 17, Ge Haijiao, chairman of Bank of China, met with Joachim Nagel, President of Deutsche Bundesbank, at the Bank of China headquarters in Beijing. The two sides had in-depth discussions on topics such as the establishment of an offshore RMB center, digital currency innovation, cross-border payments, and RMB asset allocation. Bank of China Vice President Liu Chenggang also attended the meeting. Both sides agreed to strengthen communication and cooperation in areas such as the international use of RMB and payment innovation, injecting financial momentum into the development of bilateral economic and trade relations to help China and Germany achieve more practical results.