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China’s Ministry of Finance (MOF) said Friday it will sell 28 billion yuan ($4.1 billion) of 30-year book-entry Treasury bonds next week.
The bonds will pay a fixed annual interest rate of 4.03 percent, the ministry said in a statement on its website.
Interest on the bonds will be paid semi-yearly from June [...]
A truck driver unloading containers at Longtan Port in Nanjing. [China
Foreign exchange policy reform may be announced soon, say analysts
BEIJING – The trade surplus for May is expected to far exceed the $1.68 billion mark of April, triggering speculation that an impending reform of the foreign exchange policy is on the cards.
Economists [...]
