Renminbi conference in Budapest focuses on Hungary-China financial cooperation

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Renminbi conference in Budapest focuses on Hungary-China financial cooperation

STORY: Renminbi conference in Budapest focuses on Hungary-China financial cooperation DATELINE: May 5, 2023 LENGTH: 00:02:53 LOCATION: Budapest CATEGORY: ECONOMY SHOTLIST: 1. various of the Budapest Renminbi Initiative Conference 2. SOUNDBITE 1 (English): MIHALY PATAI, Deputy governor of the National Bank of Hungary (MNB) 3. SOUNDBITE 2 (English): YANG CHAO, Charge d'affaires ad interim of the Chinese Embassy in Hungary 4. SOUNDBITE 3 (English): XU CHEN, Chairman of the Bank of China (Europe) S.A. 5. SOUNDBITE 4 (English): LI KEXIN, Chief executive officer of the Bank of China (Central and Eastern Europe) Ltd. STORYLINE: The Budapest Renminbi Initiative Conference, an annual event aimed at promoting cross-border economic activity and broadening the range of investment and financing sources in Hungary, was held for the seventh time in Budapest on Thursday. The participants focused on financial interconnectivity and a green transition, highlighting the opportunities of central banks in environmentally s

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