2014-06-19 — www.dw.de
``China's central bank, the People's Bank of China, announced on Thursday in Beijing that the Frankfurt branch of the Bank of China Ltd. (one of the four biggest commercial banks in China) will be the designated clearing bank for renminbi-denominated trades in Germany's financial capital, a role it already plays in Hong Kong, Macau and Taipei. China Construction Bank Co. was on Wednesday named the renminbi clearing bank for London.''
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