SHANGHAI, July 6 (Reuters) – China’s finance ministry auctioned 11.9 billion yuan ($1.7 billion) of three-year bonds on behalf of the regional governments of Ningbo, Shenzhen, Xinjiang, Shandong and Liaoning on Monday at a yield of 1.79 percent, traders said.
(more here…)
Firecrackers echoed through the streets of Shanghai as people braved the rain and cold to line up outside temples to usher in the Year of… »