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City of London boosted by China currency trading move Individuals's Bank of China (PBC), the country's central bank, has appointed China Construction Bank as the UK's 1st clearing bank for renminbi. China, the globe's second-greatest economy, is promoting the use
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China's iron ore imports could drop: traders China's imports of copper and iron ore may possibly drop due to an alleged financing scandal, as banks withhold credit and customs officials tighten checks on incoming shipments, metals traders say. Western banks
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