People walking in the street on their way to work in Beijing yesterday. Chinese exports fell more than expected in December, data showed yesterday, deepening concerns about the trade outlook for the world's number-two economy as Donald Trump prepares to t
ANKARA: Turkey’s banking watchdog BDDK said on Friday the Bank of China had received permission to open a deposit bank with Turkish lira funding in exchange for $300 million.
In a statement, the BDDK said the Bank of China had brought the “necessary capital” and would apply to start functioning shortly.
(Reporting by Tuvan Gumrukcu and Birsen Altayli; Editing by Angus MacSwan)
