China Opens Capital Markets as U.K. Taps Overseas Yuan Business

The U.K. joined Hong Kong and Taiwan in being allowed by China to take part in a program allowing offshore yuan to be invested in Chinese securities, a move that bolsters efforts to internationalize the currency. China approved an 80 billion yuan ($13 billion) quota for investors in London to bu…

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China Opens Capital Markets as U.K. Taps Overseas Yuan Business

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