IN BRIEF (Page 9)
China Daily | Updated: 2010-04-03 07:43
Overseas banks in yuan bond sale bid
Five banks from overseas have applied to sell yuan-denominated bonds in China, the People's Bank of China said in its report on international financial markets on Friday. The central bank meanwhile said that China would also broaden investment opportunities for the yuan overseas and develop offshore centers for the currency.
RMB could take 20 years to float freely
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