World
Hong Kong and Shanghai Expand the Yuan’s Global Reach
The global demand for yuan assets is increasing, particularly among central banks from emerging markets, according to a report by the South China Morning Post.

© South China Morning Post
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- Hong Kong and Shanghai are central players in the expansion of the yuan’s reach.
- The increase in demand is primarily from emerging market central banks.
- The trading launch will strengthen both cities’ roles as offshore hubs for the yuan.
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