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Yuan Band Move Boosts Stocks to Baochuan: China Overnight

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - April 15, 03:43PM from (www.bloomberg.com)

Chinese stocks will probably climb this week as the widening of the yuan’s trading band is seen as a move toward further liberalization of the world’s second- largest economy, according to Baochuan Capital Management LLC.
The People’s Bank of China expanded the range the managed yuan is allowed to t...


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