The offshore yuan market has quickly come up from nowhere and China's central bank has continued to strike bilateral swap deals to keep it growing.

海外人民币市场迅速地从无到有，而中国央行则继续签订双边交换条约来使其持续增长。

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To arbitrage the two markets, these companies accept renminbi as payment from Chinese importers, then swap the cash into dollars at the more attractive offshore exchange rate.

为了在两个市场间进行套利，这些公司从中国进口商那里接受人民币付款，然后以更具吸引力的离岸汇率将其兑换成美元。

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