Government boosts the bond markets
By Wang Xiaotian | China Daily | Updated: 2011-04-09 07:39
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The headquarters of the People's Bank of China in Beijing. The country will gradually open the bond market to overseas investors, according to the central bank. Wu Changqing / For China Daily |
BEIJING - China will encourage businesses to raise funds by issuing bonds, and will gradually open up the bond and other financial markets to overseas investors, the People's Bank of China (PBOC) said in an annual report on its website on Friday.
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