Pan Gongsheng, the director of China’s foreign-exchange regulator, says yuan bonds are among the few sovereign bonds maintaining stable prices. Photo: Simon Song
China wants you to buy ‘quasi-safe’ yuan bonds as it aims to ‘unleash growth momentum’ in economy
- To encourage capital inflows, China’s foreign-exchange regulator seeks to reassure investors who have been waiting to see how economic policy will unfold
- ‘Policy optimisations’ and ‘pro-growth tools’ seen helping coordinate pandemic controls with economic development
Pan Gongsheng, the director of China’s foreign-exchange regulator, says yuan bonds are among the few sovereign bonds maintaining stable prices. Photo: Simon Song
