PBoC’s Yi promotes Chinese-EU financial co-operation

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Yi Gang, a deputy governor of the People's Bank of China, stressed on Friday the important practical significance of China-European Union (EU) financial co-operation.

In an official visit to Spain marking 30 years of diplomatic relations between China and the EU, Yi said monetary and financial policy co-ordination between China and the EU created a "favourable environment for co-operation", and that the international financial crisis and sovereign debt crisis in Europe indicated that further

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