Tic data is further clouded as the true holdings of Asian central Banks such as the People's bank of China are obscured by their use of custodians in big financial centres offshore.

另外，由于中国人民银行等亚洲央行使用了在海外大型金融中心的托管机构，人们无法弄清他们的真实持有量，这也给TIC数据罩上了一层迷雾。

youdao

The offshore yuan market has quickly come up from nowhere and China's central bank has continued to strike bilateral swap deals to keep it growing.

海外人民币市场迅速地从无到有，而中国央行则继续签订双边交换条约来使其持续增长。

youdao

Try an addiction to tucking away bank funds in secret offshore accounts over 13 years, for a purpose you have trouble explaining to your central bank when asked.

ECONOMIST: BBVA

The upshot is that, far from taking China closer to a freely floating global currency - the offshore trade is actually take it further away, with the central bank intervening in the markets even more than before.

BBC: Mr Osborne and China's long road to a global currency

The government is allowing offshore markets to trade the yuan at a level much stronger than what the Central Bank sets it at.

FORBES: China Crossing The Rubicon As Reform Agenda Moves Forward