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Published on Monday, May 28, 2012

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Asia Daily Flash | 29 May 2012: China and Japan announce yuan-yen direct trading; More subsidies, reforms announced as China seeks to support economy;Philippines rating outlook upgraded by Moodyâ€™s; momentum building

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Summary

Today, China and Japan announced they will begin direct trading of their currencies in Shanghai and Tokyo on June 1st.

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Asia

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Macroeconomic Analysis

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120529_Asia_Daily_Flash_new_tcm348-331061.pdf

English - May 28, 2012

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BBVA Research BBVA Research

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