Trend Analysis Of Domestic Cotton Prices

France And Germany Scramble For Offshore Markets To Accelerate RMB Internationalization

France and Germany scrambled for offshore markets, and RMB internationalization accelerated. Recently, the Bank of Germany and the United Kingdom signed a memorandum of cooperation with the Central Bank of China on RMB clearing and settlement business. In addition, in accordance with the "Sino French relations long-term plan" signed by China and France in March 26th, the two sides agreed to continue discussions on the establishment of RMB trading clearing and settlement arrangements in Paris.