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China’s launch of ‘Petro-yuan’ will be ‘wake up call’

Anticipation of a move to roll out a yuan-denominated oil contract within the coming months continues to grow, with hedge fund manager Adam Levinson saying Tuesday it will be a “wake up call” for investors. The launch of the “petro-yuan” will be a “huge story,” Levinson, who is founder of Graticule Asset Management Asia, told Bloomberg. […]