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China has made a bold move in its push to diversify away from American assets in the wake of trade tensions by selling off a record amount of Treasury bonds. Data from the U.S. Department of the Treasury shows that China offloaded more than $53 billion worth of agency bonds and Treasuries during the first […]
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Plans for longer trading hours and more open interbank FX market will stoke KRW hedging demand
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China is on track to issue 50 billion (HK$54 billion) worth of yuan-denominated sovereign bonds in Hong Kong this year.In addition to the 24...