Banking

Thailand's central bank to open representative office in China

(Xinhua)
Updated: 2010-09-28 15:10

BEIJING - China's central bank said on Tuesday it had signed an agreement with the Bank of Thailand, the central bank of Thailand, for it to open a representative office in China.

It will be the fifth such office opened by a foreign central bank in China and will help improve financial cooperation between the two countries, the People's Bank of China said in a statement on its website.