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China to give US a 250b yuan investment quota for the first time

Move deepens financial ties between countries; Beijing also assures US the yuan will not weaken further

Published Tue, Jun 7, 2016 · 09:50 PM

Beijing

CHINA said it will give the United States a 250 billion yuan (S$52 billion) investment quota for the first time to buy Chinese stocks, bonds and other assets, deepening financial ties and interdependence between the world's two largest economies.

Chinese officials also repeatedly pledged in…

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International

International

China to give US a 250b yuan investment quota for the first time

International

Philippines’ Recto sees rate-cut delay risk if peso sinks to 59

Ecuador president declares state of emergency over energy crisis

US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says

US expects to finalise new Aukus trade exemptions in next 120 days

IMF concerned about debt, fiscal challenges facing low-income countries

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

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