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Beijing ramps up efforts to take yuan global
Malay Mail
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China is escalating efforts to increase the yuan's role in international transactions as a means to reduce reliance on U.S. dollar dominance in global finance. The push includes expanding offshore yuan business in Shanghai and strengthening mechanisms for managing money market liquidity.
China to promote offshore yuan business in ShanghaiChina improves mechanism to manage money market liquidityChina create...
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