The Mumble: Is IFC's London-listed Rmb bond a gesture or does it mark real progress?

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The Mumble: Is IFC's London-listed Rmb bond a gesture or does it mark real progress?

When the International Finance Corporation picked London for a benchmark Renminbi bond bankers hailed it as a statement of intent that could turbocharge the product by bringing it to a wider range of investors — whether that is the case or not only time can tell.

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