Lenders bank on European growth
By Cecily Liu | China Daily | Updated: 2015-03-16 07:37
Leading Chinese institutions are seamlessly transitioning into the global financial system by establishing branches cross Europe
Chinese banks are increasingly expanding into Europe to better internationalize the renminbi and integrate China's financial services into the global financial system.
The expansion has provided European investors opportunities to invest in China's domestic market and Chinese banks in Europe the flexibility to contribute to the continent's development of offshore renminbi activities, which is increasingly important for international trade and finance.
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