For the Chinese, this is likely to be a strategic investment to get a foothold in the European financial sector.

Two sources with knowledge of the matter have revealed that the Chinese conglomerate, the HNA Group, is seeking to increase its stake in Deutsche Bank.

With this move China is strategically integrating itself into the global economy to back its claim of setting the yuan as a reserve currency.

Before it can do so, the HNA group will however have to resolve some issues, disclosed sources without elaborating as to what those issues could be.

The HNA and Deutsche Bank declined to comment.

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