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China exporters are trading their way to a more global yuan

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China's policymakers are keen to extend their economic clout across the globe, and settle more orders in yuan instead of dollars.

Beijing

FACED with a currency now moving more freely in both directions, smaller-scale Chinese exporters are embracing hedging strategies and even ditching the dollar when it comes to writing invoices.

The yuan's surprise appreciation - more than 5 per cent in the first eight

sentifi.com

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