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China is doubling down on the opening-up of its capital markets, with #Citi# winning regulatory approval to establish a wholly foreign-owned securities firm in the country, underscoring Beijing's efforts to give foreign financial institutions greater access to the domestic market. #OpportunityChina#
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📍Jiangxi Traditional Arts Shine at WTO Fuzhou, Jiangxi took to the stage, presenting the Xuhe High-pitched Tune, a national intangible cultural heritage of China. #OpportunityChina# #CraftedAnew# #MelodyofHarmony# @videochinatv
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Activewear brand #AloYoga# has entered the Chinese market through #Alibaba# Group Holding Ltd's #Tmall# platform, increasing competition in the rapidly growing field of premium activewear in the country. #OpportunityChina#
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The Industrial and Commercial Bank of China and Standard Bank Group recently unveiled 10 measures to advance cross-border renminbi usage in the China-Africa corridor in Beijing. Richard de Roos, Standard Bank Group's head of group payments, said improved payment infrastructure, China's capital markets and shifting global trade patterns are creating new opportunities for RMB settlement. The initiative aims to enhance payment efficiency, expand trade finance and foster RMB ecosystems across Africa. De Roos expressed confidence that significant changes would emerge within three to four years, strengthening business ties and two-way RMB flows. #OpportunityChina# #ChinaPerspective#
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