From Bloomberg
''The governor’s comments underscore pledges made by the
ruling Communist Party during a once-a-decade power transition
this week to promote freer movement of capital in and out of the
country for investment purposes and to make the exchange rate
more market based. China is seeking to boost the use of the yuan
in international trade and finance to reduce the U.S. dollar’s
global dominance and curb its own reliance on the currency of
the world’s biggest economy.''
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