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UK wants to lead in off-shore yuan trade

Wednesday, April 18, 2012 - 01:25

Apr.18 - British chancellor George Osborne welcomes the issue by HSBC of a yuan-denominated bond in London, the first issue of a ''dim sum'' bond in the city. Rough Cut (no reporter narration).

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That's it ladies and gentlemen. Thank you cool I mean today this morning. We sold remote the first tolerant people. Outside mainland China and Hong Kong. And -- happen decade in London. And this build on the progress -- -- London -- -- teammate. Towards becoming the Westin com. Fool the aren't beat by the end of last year. The volume of aren't being deposits and of the -- a 109 billion -- be around eleven billion pounds. Of which 35 billion R&B up estimate deposits. And the annual trading volume in awful arm B Holmes has reached 28 billion aren't. And loved it already represents 26%. Of the global -- aren't peaceful Forex market at the majority. Schools being based in Hong Kong.

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UK wants to lead in off-shore yuan trade

Wednesday, April 18, 2012 - 01:25