Sunday, May 26, 2019

Tag: Shanghai

China to lead way with landmark SDR bond offerings

HONG KONG/SINGAPORE, (IFR) - China is pushing for a landmark offering of bonds denominated in Special Drawing Rights, the International Monetary Fund's synthetic reserve currency, ahead of the renminbi's official entry into the SDR basket in October. The World Bank and China Development Bank are actively preparing to issue SDR...

International railway promises to revive Silk Road

New town and launch of regular trains to boost modernized trading routes between East and West, Tan Yingzi reports from Chongqing Legend has it that Chinese emperor Han Wu Di (156-87 BC) once looked to the lands west of his vast empire and proclaimed them full of people who placed...

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