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China says to sell initial batch of long-dated bonds this week
China says to sell initial batch of long-dated bonds this week
Economy
by  AFP

China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced Monday, as Beijing looks to increase support for the world's second-largest economy. The Ministry of Finance did not specify the number of bonds that will be issued.

US sanctions test China's 'no limits' friendship with Russia
US sanctions test China's 'no limits' friendship with Russia
Economy
by  AFP

Chinese banks are tightening scrutiny over trade with Russia for fear of incurring strict new US sanctions over the Ukraine war, testing the "no limits" friendship between the two countries. But Washington's recent vow to go after financial institutions that help Moscow fund the conflict has tested the boundaries of Beijing's bonhomie -- and left its banks fearful of getting cut off themselves.