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Monday, January 30, 2012

China to make Shanghai global yuan hub by 2015

SHANGHAI (Reuters) - China intends to establish Shanghai as the global centre for yuan trading, clearing and pricing over the next three years as part of broader plans to make the commercial hub an international financial centre by 2020.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/CPfB1_2f7v0/us-china-economy-shanghai-idUSTRE80T05520120130

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