Renminbi opportunities

MANILA, Philippines - The Bank of China, Manila branch and the Economic and Commercial Counsellor’s Office and Consular Office of the Embassy of China in the Philippines co-sponsored recently a forum on ‘Renminbi Opportunities in the Philippine Market,’ held at the Makati Shangri-La Hotel. In photo are: (from left) Bank of China country head and president Deng Jun, Bank of China Ltd. (Head Office) deputy general manager Teng Linhui, Asian Development Bank senior adviser Paul-Edouard Clos, Bangko Sentral ng Pilipinas Deputy Governor Diwa Guinigundo, Chinese Amb. Zhao Jianhua, Department of Finance Secretary Cesar V. Purisima, Bankers Association of the Philippines president Lorenzo V. Tan and Bank of China Fujian branch president Tao Yi Ping.