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A gambler’s guide to Beijing’s currency moves

Posted on 04 December 2013

Foreign exchange trading is always akin to gambling. But, in China, gambling may be a way of trading foreign exchange: one way to get around the country’s currency controls is to take a trip to the casinos of Macau.
Macau is not just about currency conversion: it has made some efforts to diversify into Vegas-style shows. But, when the chips are down, it is only the gaming tables that investors are interested in, in the hope of insights into China’s flows of money………………………………………..Full Article: Source


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VRS - who has written 36970 posts on Opalesque Commodities Briefing.


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