China eases control over currency trade

Note: This section contains information in English only.
Source: BBC

China and Hong Kong agreed on providing more access to Chinese currency. The shift indicates China's readiness to stimulate global use of yuan. New agreement stipulates that Hong Kong can access 400bn yuan from the central bank of China. Some experts claim the yuan might become a reserve currency as USD.

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Tue, 22 Nov 2011 13:52:04 GMT

LDK Solar experiences loss

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