INTERNATIONAL_1st RMB Clearing Bank in Europe Raises Questions for Global Financial System: Analysts ( Alex Wu - THE EPOCH TIMES )

THE EPOCH TIMES

1st RMB Clearing Bank in Europe Raises Questions for Global Financial System: Analysts

Experts said the yuan won’t be able to displace the U.S. dollar.

The headquarters of Germany's Deutsche Bank in Frankfurt, Germany, on Sept. 21, 2020. Ralph Orlowski/Reuters

Alex Wu
8/13/2026|Updated: 8/15/2026


After Deutsche Bank announced on Aug. 10 it was authorized by the People’s Bank of China—China’s central bank—to be an RMB clearing bank in Frankfurt, making it the first in Europe, analysts warned this could give the Chinese communist regime a way into the European-U.S. financial system, raising questions for the global financial system.

Other major European banks could also follow for economic reasons despite the European Union’s de-risking policy from China, as the communist regime pushes for the yuan to go global.

Germany’s largest bank, Deutsche Bank, is the world’s largest euro clearing bank and classified as a Global Systemically Important Bank by the Financial Stability Board.

...

READ MORE: https://www.theepochtimes.com/china/1st-rmb-clearing-bank-in-europe-raises-questions-for-global-financial-system-analysts-6074918?ea_src=frontpage&ea_med=section-1

***

Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị trực tiếp tại Diễn Đàn Paltalk: 1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc.
Kính Chúc Sức Khỏe Quý Anh Chị.

conbenho
Tiểu Muội quantu
Nguyễn Hoài Trang
16082026
__________________________
Cộng sản Việt Nam là TỘI ÁC
Bao che, dung dưỡng TỘI ÁC là ĐỒNG LÕA với TỘI ÁC