Free Trial

China's former Finance Minister Lou.....>

CHINA PRESS
CHINA PRESS: China's former Finance Minister Lou Jiiwei has suggested the
country issue CNY10 trillion in special government bonds to provide the central
bank with additional tools for monetary policy, according to China Securities
Times. Speaking at a press conference on Monday, Lou said these bonds could be
used to purchase half of the foreign reserves of the central bank. The current
mechanisms for monetary policy are less flexible, less transparent, and more
costly, Lou said. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.