Posts tagged ‘japanese finance’

13/03/2012

* Japan to buy $10b Chinese govt bond

China Daily: “Japan got the permission from China to purchase 65 billion yuan (about $10.3 billion) worth of Chinese government bond, Japanese Finance Minister Jun Azumi said Tuesday.

It was the first time the Japanese government announced the specific figure of its permitted allotment of Chinese government bond.

Azumi told reporters that the size was “appropriate” in view of strengthening the economic ties between the two countries.”

via Japan to buy $10b Chinese govt bond|Economy|chinadaily.com.cn.

Another small but sure step towards establishing the Yuan as an international currency.

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