State Grid’s dollar-euro combo beats China cynicism
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Asia

State Grid’s dollar-euro combo beats China cynicism

dollar euro hand px230

Chinese bond issuers have suffered from declining interest from European and US investors, as concerns about the slowdown on the mainland has an impact. But with quasi-sovereign State Grid Corp of China sealing its first euro-dollar trade this week, it has demonstrated that, with the right strategy, issuers can find a way to dispel cynicism. Narae Kim reports.

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