China Faces Stiff Battle to Sideline the Dollar in Valuing Yuan – Bloomberg

China Faces Stiff Battle to Sideline the Dollar in Valuing Yuan
Bloomberg
China took another step to degrade the dollar in defining the value of its currency, in an effort that cuts against its rival's stubbornly strong hold on the global financial system. An arm of the People's Bank of China, which last year started setting …
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Economic Times –DailyFX –The Fiscal Times –Barron’s (blog)
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