Bank Negara Malaysia sets up shop in Beijing

beijing

Bank Negara Malaysia on Thursday said it will open a new representative office in Beijing.

The move comes after Zhou Xiaochuan, the governor of the People's Bank of China, and Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, signed an agreement on Monday to establish a representative office in the Chinese capital.

The Malaysian central bank said the establishment of a representative office in Beijing would further strengthen cooperation with the People's Bank of China by serving as an

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