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Currencies

China's rich seek ways to move cash abroad before yuan weakens

Black-market dealers and Irish homes offer escape hatch

A for-sale sign stands in front of a home in Vancouver, British Columbia, Canada. Interest in overseas real estate is rising among wealthy Chinese.   © Reuters

SHANGHAI -- "There is no room for negotiation today," a black-market currency dealer said when approached on West Nanjing Road, a bustling commercial strip in Shanghai, last week. "It's going to be 7.2 yuan to the dollar."

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