The People’s Bank of China uses short-term bill sales as a tool to absorb excessive cash from lenders when it wants to curb inflation or an overheating economy. Photo: Simon Song

China bill sales will boost yuan by expanding investment options in Hong Kong

Central bank move to sell short-term securities in the city may signal start of separate monetary policy for the offshore market

Topic |   Yuan

TOP PICKS

The People’s Bank of China uses short-term bill sales as a tool to absorb excessive cash from lenders when it wants to curb inflation or an overheating economy. Photo: Simon Song
READ FULL ARTICLE