Chinese, German banks issue first batch of $140m funds

[Photo/VCG] The China Development Bank and Landesbank Baden-Wurttemberg, a major bank of Germany, have issued the first batch of 1 billion yuan ($140 million) of funds for areas such as small and mid-sized enterprises, third-party markets, green finance and sustainable finance under the framework of cross-border renminbi cooperation, CDB announced on Wednesday. The move is … Continue reading Chinese, German banks issue first batch of $140m funds