Germany and China plot to turn Frankfurt into EU finance powerhouse after Brexit

The bilateral pledge came as a result of German Finance Minister Olaf Scholz visiting the Chinese capital this week. Mr Scholz met China’s vice-premier Liu He who promised to take down economic hurdles for German financial institutions interested in doing business in his country. The German minister said he would reciprocate, hoping Chinese banks could be persuaded to open in Frankfurt, the heart of Germany’s finance industry, turning the city into a European powerhouse after Britain leaves the EU. According to German newspaper Suddeutsche Zeitung, the two officials signed three…

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Germany: new agency members, website for FDSV

Astur in Fulda and Lingoschools in Frankfurt joined the association bringing its total membership to 29 agencies. Meanwhile, the FDSV website has an enhanced course search function making it easier for German students to peruse courses offered by agency partners. Peter Schuto, managing directer at Astur, which recruits students to Germany as well as sends German students overseas, said joining FDSV allows the agency to attract more attention on the global stage. “We recognised that the FDSV itself grabs more and more attention from our international agents” “Astur decided to…

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