Market Currents
Maybe attempting to reverse a troubling slowing in the issuance of yuan-denominated offshore...
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Wednesday, January 11, 2012, 9:55 AM ETMaybe attempting to reverse a troubling slowing in the issuance of yuan-denominated offshore paper, China's NDRC gives permission for 10 banks to issue nearly $4B of debt in Hong Kong. China's own banking issues combined with ideas the yuan is no longer a one-way bet, slashed activity in "dim sum" bonds late in 2011.
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