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China used to rail against the outsize role of the U.S. dollar. But in a major turnaround, the world’s second-biggest economy has started embracing the currency of its larger rival. Chinese companies and banks—and even the government—sold bonds denominated in dollars at a record pace last year, and underwriters expect that growth to continue for […]

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https://www.cnbc.com/2019/03/12/why-the-dollar-could-keep-rising-this-year-even-if-the-fed-doesnt-hike–further-vexing-trump.html

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