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Sunday, May 04, 2014
Cooperation between China and Turkey Should Extend to Renminbi Off-shore Center
ANBOUND

The extensive cooperation between China and Turkey should further extend into the financial area. ANBOUND research team points out that financial cooperation between the two countries should not limit to institutional level but should extend to the financial market. Currently, there are many off-shores RMB centers in the major economies but none of them is in Islamic world. The establishment of off-shore RMB centers in secular Islamic country Turkey has symbolic meaning for the deepening cooperation between China and the Islamic world.

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