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Hong Kong is set to continue capitalising on offshore yuan funding opportunities after ‘dim sum’ bonds and loans – offshore debt denominated in the yuan – grew exponentially in 2023, regulators say.
China’s approach to its currency is a mix of bold ambition and fear of dollar strength.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
China News: The Chinese yuan remained stable in onshore trade, while its offshore counterpart strengthened against a weakening dollar as investors reacted positiv