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Offshore yuan usage stays on growth path

18% of China's total trade settled in the currency last year, up from 3% in 2010

[SINGAPORE] Yuan usage internationally continues to rise rapidly but it is still small relative to China's status as the world's top trading giant and its second-largest economy. At the end of last year, about 18 per cent of China's total trade was settled in renminbi, up from less than 3 per