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Speculation rife that Sydney may be yuan trading centre
Published Sun, Nov 16, 2014 · 09:50 PM
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Sydney
AUSTRALIAN importers are in line for a windfall as speculation grows that Chinese President Xi Jinping will use his visit to the country this week to anoint Sydney as a yuan trading centre.
The ability to exchange Australian dollars directly into yuan, rather than first converting them into the US currency, …
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