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View Full Version : China's Sinotruk Borrows Yuan in Hong Kong for Use Onshore - Bloomberg



NewsWhore
04-13-2012, 06:50 AM
China's Sinotruk Borrows Yuan in Hong Kong for Use Onshore (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGVOce7rcUKsq3zGZJgCD4B_Nxipg&url=http://www.bloomberg.com/news/2012-04-13/china-s-sinotruk-borrows-yuan-in-hong-kong-for-use-onshore-1-.html)
Bloomberg
China is boosting use of its currency overseas and allowing more companies to access yuan in Hong Kong. Financial institutions in the city, restricted from buying mainland assets, are prepared to lend the currency more cheaply than their onshore ...

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