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Developed debt crises to fuel RMB currency, bond markets

As the only market of sufficient size, China will be called upon to support institutional investor needs for currency and credit diversification amid crises in the US and Europe.
Developed debt crises to fuel RMB currency, bond markets

Evolving debt crises in the US and Europe are expected to underpin a dramatic escalation in renminbi bonds and custody as the world's institutions target currency and credit diversification.

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