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Index charts 50% jump in yuan globalization
An index of the yuan's worldwide usage soared 50% last year despite a lagging global economy, and another 50% surge is projected for this year. The Standard Chartered Renminbi Globalization Index was up 2.8% in December alone, touching a record high of 748. Among the major yuan markets last year, the ratio was 81:11:8 for Hong Kong, Singapore and London.
China Daily (Beijing) (2/7)
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