February 13, 2018 / 8:22 AM / 10 months ago

China names JP Morgan Chase Bank as yuan clearing bank in U.S.

BEIJING, Feb 13 (Reuters) - China’s central bank on Tuesday named JP Morgan Chase Bank as yuan clearing bank in the United States.

The People’s Bank of China made the announcement on its website. (Reporting by Beijing Monitoring Desk Editing by Shri Navaratnam)

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