currency-internationalization

駐聖露西亞大使館 / Wikimedia (Attribution)

China Launches Largest Yuan Bond Sale in Hong Kong Since 2023, Achieving Record-Low Yields

China held its biggest yuan bond sale in Hong Kong since 2023, drawing record-low yields for two-year and 15-year debt. The sale reflects Beijing's efforts to internationalize the yuan and address excess offshore liquidity. The event marks a significant step in China's currency s…