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New CNH measures herald next stage of offshore market
June 28, 2012
The 15th anniversary of the handover of Hong Kong to China will include a series of measures to boost offshore renminbi, marking the next stage in the development of the CNH market, say analysts.
The offshore renminbi market is about to enter a new phase of greater liquidity and cross-border flows if reports of new measures to enhance the market come true, say analysts.
Chinese language media reports than when President Hu Jintao visits...
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