Trade expansion is key for boosting German’s RMB market, says DB’s Sehr

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Trade expansion is key for boosting German’s RMB market, says DB’s Sehr

Frankfurt 230 Germany

The close trade links between Germany and China are the main driver for a promising German RMB market. Marcus Sehr, global head of institutional cash, global transaction banking, at Deutsche Bank, tells GlobalRMB that new trade transactions should be the real key to promote more local RMB use.

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