Hong Kong Boosts Yuan Supply to Banks in Push for China Currency

Hong Kong will double the supply of yuan available for banks to borrow, in the latest step to meet growing demand and help China boost the global use of its...

By Charlie Zhu, Wenjin Lv · Bloomberg Markets

Hong Kong will double the supply of yuan available for banks to borrow, in the latest step to meet growing demand and help China boost the global use of its currency.