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Germany and China to sign pact on finance cooperation
By EUobserver
German minister of finance, Olaf Scholz, is set to sign a pact during a two-day visit to China on Friday opening the market for financial services. Germany hopes to become the new centre for renminbi-denominated financial products in Europe, when the UK leaves the European Union. German chancellor Angela Merkel has proposed a EU-China summit during Germany's 2020 EU presidency,