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China and Germany to bring financial relations “to a new high”

China and Germany plan to open their markets wider to each other’s banks and insurers to bring the financial cooperation “to a new high”.

The two sides signed a series of agreements to strengthen cooperation in banking and financial sector supervision, following a two-day visit by German Finance Minister Olaf Scholz to Beijing for talks with Vice Premier Liu He .

"German insurers and banks will now have easier . . .

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