China's finance ministry said on Wednesday it would issue up to 6 billion yuan ($829 million) of yuan-denominated sovereign green bonds in London, marking China's first issuance of such bonds overseas ...
The yuan has fluctuated within a narrow range between 7 and 7.3 versus the dollar over the past year, even as the gap between US and Chinese 10-year government bond yields widened to a record level.
China has kept interbank liquidity conditions tighter to keep the yuan stable, as a sign of gesture for a smooth start of the negotiations.“ However, Trump this week criticised China and Japan for ...