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Singapore Takes Step Toward Becoming Offshore Yuan Center

April 19, 2011

Singapore took a step closer to becoming a financial hub to trade using China's renminbi, following in the footsteps of rival Hong Kong, which has seen explosive growth in its own offshore yuan market in the past year.

Source: http://www.cnbc.com/id/42655739?__source=RSS*tag*&par=RSS
 
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