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Aiming at €33 trillion in household savings! The EU plans to break down national barriers in financial services and promote the creation of a truly unified capital market.

Aiming at €33 trillion in household savings! The EU plans to break down national barriers in financial services and promote the creation of a truly unified capital market.

The European Commission is advancing a comprehensive plan aimed at breaking down national barriers in the financial services sector, with the intention of creating a truly unified capital market capable of competing with the United States and injecting new vitality into the struggling EU economy. On Thursday, the EU’s
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The rise of the Dim Sum bond market drives RMB internationalization; strong Asian tech exports, non-tech under pressure; German fiscal expansion aids eurozone asset recovery — 1204 Macro Distillation

The rise of the Dim Sum bond market drives RMB internationalization; strong Asian tech exports, non-tech under pressure; German fiscal expansion aids eurozone asset recovery — 1204 Macro Distillation

``` 1. The Dim Sum bond market is developing rapidly, with distinctive advantages in meeting financing needs, reflecting strong demand for the RMB as a financing currency. If the market can continue to expand in size and attract more issuers and investors, it may form a virtuous cycle, driving the RMB