News Snapshot:
On Nov. 24, the Bank of China Johannesburg Branch held a webinar entitled "New Options, New Opportunities – China Economy & Rates Strategy," which focused on the significance of adopting the Renminbi as a reserve and investment currency among sovereign institutions in Africa as well as underscoring the unique advantages and development prospects for the Renminbi money market in the post-pandemic era. Photo shows the Bank of China Johannesburg Branch in Johannesburg, South Africa. Since the establishment of diplomatic ties in 1998, South Africa and China have been working together for 23 years and have made historic strides from a...
