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Cloete said Standard Bank has already developed products for Namibian companies doing business with China, including hedging facilities in both US dollar and Chinese yuan currencies, Customer Foreign Currency accounts for the appropriate currencies, electronic foreign exchange trading platform (e-Market), individual salary payments in yuan or US dollar and letters of credit.
Chinese stocks ended lower in the morning session Tuesday, with the benchmark Shanghai Composite Index down 2.00 percent, at 2,970.63 points.
Chinese roses, which bloom for more than 200 days a year, are easy to overlook. When spring arrives, they form a colorful sight, especially along Beijing's Third, Fourth and Fifth ring roads, and in other parts of the city.
Chinese-supported major railway highlights growing bilateral relations
Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, making daily turnover break through 1.04 trillion yuan (5.5 billion), a new record since 2015. The Barron's, a financial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&P 500. Global investment management corporation BlackRock also suggested lasting gains of the bull market.
来源：资阳报