RMB Round-up: June 27, 2014

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RMB Round-up: June 27, 2014

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In this round-up, the RMB is now the second most used currency for China-Hong Kong cross border payments, StanChart issues Taiwan RMB predictions, JP Morgan launches a new RMB-hedged share class for a bond fund, and Australia hopes for its own RMB clearing bank soon.

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