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RMB globalisation entering new phase: HSBC

The currency is no longer structurally undervalued and London is set to act as a key outpost in its increased use in international investment.
RMB globalisation entering new phase: HSBC

Renminbi internationalisation is entering a new phase, with the currency no longer structurally undervalued and set to be more widely used for investment globally, argues a management trio at HSBC.

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