China's Yuan Dreams Pit Germans Against Rest of Exchange World
- The nation is `holy grail of opportunity,' says Tabb's Nybo
- Reserve-currency status may drive $1 trillion in foreign flows
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For years, if not decades, just about every financial center in the world has tried to set up a yuan trading hub outside China. Countless memorandums of understanding and letters of cooperation have been signed, numerous official state visits made.
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