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BEIJING, May 12 (FAM) – An Asian financial cooperation association was proposed by Chinese Premier Li Keqiang at the 2016 Boao Forum for Asia, with the aim to improve markets and prevent financial turmoil.

By the end of 2016, nine Chinese-funded banks have set up 62 direct branches and representative offices in 26 countries along the Belt and Road, offering tailored services to local clients, according to Pan.

 

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