Bank of Japan plans to open office in China

The Bank of Japan plans to open an office in China. In a statement the BoJ said "China is playing a growing role in the global economy and its ties with the Japanese economy are also becoming stronger".

Source: Bloomberg

Japan's central bank said it plans to open an office in Beijing by the end of this year, its first overseas representation in 12 years.

The Bank of Japan last set up an office abroad in 1991, in Washington. It already had units in New York, London, Hong Kong, Paris and Frankfur