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Shanghai Clearing House, Zhangjiagang Freetrade Science & Technology Group jointly launch bulk commodity spot clearing business
Shanghai Clearing House (SHCH) on Monday jointly initiated a bulk commodity spot clearing business called "Qingsuantong" with Zhangjiagang Freetrade Science & Technology Group Co., Ltd. (600794.SH), reported Shanghai Securities News Tuesday.
April20,2021
China's ICBC starts renminbi clearing services in Russia
Industrial and Commercial Bank of China (ICBC) officially started operating as a Chinese renminbi (CNY) clearing bank in Russia Wednesday, a move set to facilitate the use of the currency and cooperation in various fields between the two countries.
March23,2017
First RMB clearing bank established in U.S
The People's Bank of China announced on September 20 that Bank of China is designated as the RMB clearing bank in the United States.
September23,2016
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