Agencies-China Daily
( China Daily)
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Large Medium SmallChina's State Administration of Foreign Exchange, the agency that manages the world's biggest foreign exchange reserves of $3.2 trillion, has set up a trading room in Frankfurt, according to the agency's annual report released on Friday.
SAFE's other trading room outside China is in New York, it said, without giving further details of the operation in Germany.
Agencies-China Daily
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