China To Sell First Yuan Sovereign Bonds In Canada As Beijing Pushes Dollar Alternative
Summary
China To Sell First Yuan Sovereign Bonds In Canada As Beijing Pushes Dollar Alternative Authored by Matthew Horwood via The Epoch Times , China plans to issue its first yuan-denominated sovereign bonds in Canada this week , as Chinese Vice Premier He Lifeng visits the country for talks aimed at establishing closer ties. China's Ministry of Finance announced that it will issue up to 4 billion yuan (CA$846 million) in sovereign green bonds in Canada beginning Nov. 9. The green bond proceeds are meant for projects beneficial to the environment. China's state-run Global Times said the move marks…
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China To Sell First Yuan Sovereign Bonds In Canada As Beijing Pushes Dollar Alternative
China To Sell First Yuan Sovereign Bonds In Canada As Beijing Pushes Dollar Alternative Authored by Matthew Horwood via The Epoch Times , China plans to issue its first yuan-denominated sovereign bonds in Canada this week , as Chinese Vice Premier He Lifeng visits the country...
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