The issue, worth about $879 million, is a major step by Beijing to internationalize its currency at a time of concern about the dollar.
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China to Issue Yuan-Denominated Bonds in Hong KongCourtesy NYT > Business Tue, 09/08/2009 - 05:34
The issue, worth about $879 million, is a major step by Beijing to internationalize its currency at a time of concern about the dollar. Related itemsBritain, HK to develop London as yuan trading hub
China backs HK as yuan trade hub
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