Offshore Yuan Bonds Issuance Rise to Highest in 5 Years

Offshore Yuan Bonds Issuance Rise to Highest in 5 Years

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Business

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Hard

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The transcript discusses the sale of yuan bonds outside China, marking the largest sale since 2014. It highlights China's efforts to stabilize its currency ahead of the G20 meeting with Trump, who has accused China of currency manipulation. Despite these accusations, the U.S. Treasury has not labeled China as a manipulator. Stabilizing the currency is seen as a strategic move by China to avoid provoking Trump.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary purpose of the People's Bank of China managing over half of the yuan bonds sold outside China?

To enhance China's economic growth

To increase foreign investment in China

To offset depreciating pressure on the currency

To reduce China's foreign debt

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What record did the yuan bond sales achieve according to the Bloomberg chart?

Most bonds sold to the United States

Most bonds sold in a single year

Highest sales since 2014 in any quarter

Largest foreign investment in Chinese bonds

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was China particularly focused on stabilizing its currency before the G20 meeting?

To reduce inflation within China

To gain more influence in the G20

To avoid provoking the U.S. President

To increase its trade surplus

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What accusation has Trump repeatedly made against China regarding its currency?

China is inflating its currency value

China is a currency manipulator

China is devaluing its currency intentionally

China is hoarding foreign currencies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been one of Trump's key economic pillars concerning China?

Reducing the U.S. trade deficit with China

Labeling China as a currency manipulator

Promoting Chinese investments in the U.S.

Increasing tariffs on Chinese goods