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Nieprzeczytany postautor: Zhuyeqing » 15 paź 2018, 09:00

A Chinese clerk counts yuan banknotes at a bank in Huaibei city Black Sheldon Rankins Jersey , East China's Anhui province, January 22, 2015.[PhotoIC]
China's central bank issued its first offshore renminbi bond in London on Tuesday, in a move that marks a milestone in plans to deepen the offshore renminbi liquidity in London.

The deal was announced today and will be marked by a lunch taking place in London tomorrow to coincide with President Xi Jinping’s first state visit to the UK.

Those present will include Xiaohui Zhang, Assistant Governor of the People’s Bank of China Black Trey Hendrickson Jersey , Bo Li, Director-General of Monetary Policy Department at the PBoC, Chris Salmon, an executive director of the Bank of England and Mark Boleat, chief of policy for the City of London.

The dim sum bonds are worth 5 billion renminbi ($787 million) Black Alex Anzalone Jersey , with an interest rate of 3.1 percent, and fall due in 2016. This is the first time that renminbi government bonds have been issued outside China, in an attempt to open up an offshore renminbi debt market.

Industrial and Commercial Bank of China (ICBC) and HSBC are joint global coordinators of the deal. Linklaters acted as legal advisor.

William Liu, Capital Markets partner at Linklaters, said that the purpose of the issue is to increase the supply of high quality bonds in the offshore renminbi market Black Marcus Williams Jersey , increase the supply of high quality high grade collateral,to establish a benchmark interest rate, as well as facilitating renminbi bond issuance and trading.

"It is significant that the UK was chosen ahead of possible launches in Europe and the US for the deal and sends a strong signal about the attractiveness of London as a global financial centre," Liu said.

In recent years, London has led the way for many offshore renminbi bond issuances Black Ryan Ramczyk Jersey , with the first a HSBC dim sum bond issued in 2012.

Since then, many other banks have issued offshore renminbi bonds in London, with the latest been bonds issued by China Construction Bank and Agricultural Bank of China in London earlier this month.

Of particular significance is the International Monetary Fund’s issuing of the first ever renminbi green bond in London last year. Green bonds are a special type of debt instrument where the proceeds contribute towards environmentally friendly projects.

The initiative for PBoC to issue the dim sum bond in London follows on discussions from the UK-China seventh Economic and Financial Dialogue in September, where a series of financial cooperation between the two countries were announced.

BEIJING, Oct. 28 (Xinhua) -- The United Nations World Food Programme (WFP) launched a fundraising initiative in Beijing on Wednesday to improve nutrition in pregnant women and infants in China and Nepal.

The one-year "First 1 Black Marcus Davenport Jersey ,000 Days" campaign was designed and launched by the WFP, and China Children and Teenagers Fund (CCTF).

Online campaigns will spread awareness about nutrition during the first 1,000 days, from conception to a child's second birthday, which is crucial to the physical growth and cognitive development of kids.

The money raised will support nutrition programs in western China and Nepal Black Drew Brees Jersey , where the WFP and the CCTF provide specially designed food to expectant mothers and kids.

The WFP and the CCTF also tackle problems including poor access to basic health services.

According to the United Nations, 795 million people suffer from hunger today around the world.

Statistics in 2011 showed that around 90 percent of the 165 million children suffering from malnutrition in the world were in Asia and Africa.

"Undernutrition is a global problem - and it must be a global priority," said Getachew Diriba, WFP representative in China, adding that the WFP is committed to end hunger and malnutrition with support from enterprises and individuals.

Last year Black Mark Ingram II Jersey , the WFP supported 7.3 million children and 3 million women who needed nutritional support.

Li Na, a former Chinese tennis player and mother, also helped to promote this cause.

"Every contribution will make a difference. Let's join WFP and the CCTF and ensure that for every kid in Asia, the first 1,000 days mark the beginning of a life full of promise Black Alvin Kamara Jersey ," said Li.

KAMPALA, Aug. 3 (Xinhua) -- Rwandese nationals living in Uganda on Thursday turned up in big numbers to cast their ballots in the early presidential polls to elect the country's president for the next seven years.

Hundreds of Rwandan citizens from different places queued at the Rwandan High Commission in the capital, Kampala, the only designated polling station in Uganda to cast their ballots.

Frank Mugambage, the Rwandan High Commissioner to Uganda Black Marshon Lattimore Jersey , told reporters here that all eligible Rwandans abroad vote a day ahead of the country's presidential elections slated for Friday.

The ballots will be counted on Friday at Rwandese embassy.

At least 7,000 Rwandan registered voters living in different parts of Uganda were expected to cast their votes to choose the country's next president in a three-man race.

At least 7 million voters are registered to cast their ballots in the third elections since the 1994 Rwandan genocide.

Incumbent President Paul Kagame of the ruling Rwandan Patriotic Front (RPF) is facing off with Frank Habineza of the Democratic Green Party of Rwanda and independent candidate, Phillipe Mpayimana.

Kagame is expected to win with a landslide victory to rule the east African country for the third seven-year term.

After the Friday's presidential polls, Rwanda will switch from seven to a five-year term following a recent referendum.

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