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| Hopeland Chem-Tech Co., Ltd.
Add.: Rm. B-1708, Taaffeite International Commerce Plaza, 4th Gaoxin Road, Xi'an City, Shaanxi Province, China
Postal Code: 710075
Wechat , WhatsApp, Mobile: +86 13488269990
Tel: +86 13488269990
Email: 85xianji@85xianji.com / icec0529@163.com
Website: www.aac-machine.com |
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| China opens interbank bond market |
| Date:2010/8/19 View:1599 |
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The reported that China is to allow foreign central banks and overseas lenders to invest in its domestic interbank bond market, in a move to "encourage cross-border renminbi trade settlement" and "broaden investment channels for renminbi to flow back (to China)."
Beijing is trying to encourage use of the yuan in trade deals as part of a long-term plan to promote it as a reserve currency and reduce China's exposure to the US dollar, which is currently used for most Chinese trade. |
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