http://news.xinhuanet.com/english/china/2014-06/29/c_133447114.htm
Hong Kong used to the only place that you trade in Chinese currency. London and Singapore were subsequently given the power to do so.
If you trade with China and use the U.S. $ there is a cost for doing business this way. But if you can do it in Chinese currency, there is a not insignificant saving.
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