China has issued euro-denominated government bonds for the first time in 15 years. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Beijing sends corporate China a €4 billion message: diversify away from US dollar debt

  • China has capitalised on a low-yield environment in Europe to issue euro-denominated government bonds cheaply. It is also setting an example to Chinese companies, in the hope of weaning them off dollar-denominated debt dependency

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China has issued euro-denominated government bonds for the first time in 15 years. Photo: AFP
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