CHINA TO SIGN PACT WITH HKMA ON YUAN TRADE SETTLEMENT

June 29, 2009

June 29 (Bloomberg) -- China will sign an agreement with Hong Kong regarding settlement of international trade in the Chinese yuan, part of a drive to broaden the use of the currency and reduce reliance on the U.S. dollar.

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CHINA TO SIGN PACT WITH HKMA ON YUAN TRADE SETTLEMENT

June 29, 2009

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