IN BRIEF (Page 13)

PBOC to sell 1-yr bills

The People's Bank of China (PBOC) will sell 24 billion yuan worth of one-year bills today, the biggest offering of the securities in 13 weeks and compares with 20 billion yuan sold last week. The central bank allowed the yield on the bills to climb eight basis points to 1.8434 percent at the Jan 12 auction, the first rise in five months.

Soybean imports soar