According to the Hainan Daily, on September 15, under the guidance of the Hainan Branch of the State Administration of Foreign Exchange, Bank of China Hainan Branch successfully assisted Global Consumer Boutique International Trade Co., Ltd. to launch the first batch of centralized local and foreign currency cross-border capital operations for multinational companies in the province, becoming one of the first financial institutions in the province to launch this business.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.