... 人民币债券 yuan-denominated bonds 人民调解委员会 the people’s mediation committee 人性化服务 people-oriented service ...
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Southeast Asia's largest bank by assets, said it plans to issue yuan-denominated bonds that will be cleared in Singapore.
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China has taken some baby steps in this direction, for instance by allowing firms to issue yuan-denominated bonds in Hong Kong.
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The growth of offshore yuan-denominated bonds, offshore yuan deposits and trade settlement were the main drivers to the rising index, said the bank.
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