And now the UK will become the first country in the world other than China to issue renminbi denominated government debt.
In fact, just this morning the UK Treasury announced that it hired Bank
of China, HSBC and Standard Chartered to arrange the sale, with the
bond issuance likely happening next Monday.
>http://www.zerohedge.com/news/2014-10-09/asian-de-dollarization-explodes-south-korean-renminbi-deposits-surge-55-fold-year#comment-5313059 <
>https://s3.amazonaws.com/khudes/Twitter10.9.14.1.pdf <
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