By Neal Kimberley
South China Morning Post, Hong Kong
Tuesday, November 12, 2019
China has capitalised on a low-yield environment in Europe to issue euro-denominated government bonds cheaply. It is also setting an example to Chinese companies, in the hope of weaning them off dollar-denominated debt dependency.
Everyone loves a good deal. Last week saw an enthusiastic market response to China's issuance of its first euro-denominated government bonds for 15 years. But this was more than just a successful bond launch.
... Dispatch continues below ...
Buy, Sell, or Store Precious Metals with Money Metals
Money Metals Exchange, a national bullion dealer recently voted "Best in the USA" by a worldwide ratings group --
https://www.moneymetals.com/news/2015/02/03/worldwide-ratings-organizati... [1]
-- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals.
Shop online with Money Metals Exchange here --
https://www.moneymetals.com/buy [2]
-- or by calling 1-800-800-1865.
Meanwhile, Money Metals Depository will store your precious metals in a segregated account at low cost:
https://www.moneymetals.com/depository [3]
Beijing's timing isn’t accidental, with borrowing costs in the euro zone so low. Additionally, Chinese firms may follow Beijing's lead and lessen their reliance on U.S. dollar-denominated corporate debt. ...
... For the remainder of the analysis:
https://www.scmp.com/comment/opinion/article/3037314/beijing-sends-corpo... [4]
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: