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Beijing’s US$4 billion bond sale tests economic outlook after trade truce (www.scmp.com)

submitted 4 days ago by rss@news.abolish.capital to c/china@news.abolish.capital

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China’s Ministry of Finance returned to the international bond market for the first time in a year on Wednesday, offering US$4 billion in sovereign notes and giving international investors a chance to register their opinion on the country’s economic outlook amid receding trade tensions. The issuance came just days after a truce in the long-simmering US-China trade dispute and followed Beijing’s unveiling of its 15th five-year plan for economic and social development. The offering of US...

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