S Africa's trade ministry signs MOU on cooperation with Bank of China
South Africa's Ministry of Trade and Industry on Monday signed a Memorandum of Understanding(MOU)on strategic cooperation with Bank of China in Johannesburg to strengthen the relations between the two entities.
ICBC starts renminbi clearing services in Russia
Industrial and Commercial Bank of China (ICBC) officially started operating as a Chinese renminbi (CNY) clearing bank in Russia Wednesday, a move set to facilitate the use of the currency and cooperation in various fields between the two countries.
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