CHINA: Creating first Yuan clearing bank in United States I’m sure that will further boost our coope ration,” Li said at a business dinner in the Economic Club of New York on Tuesday – @AceFinanceNews

#AceFinanceNews – Sept.24: BEIJING (Sputnik) – The Chinese central bank authorized the New York branch of the Bank of China to be a clearing bank in the United States, the South China Morning Post reported.

“We also welcome banks in New York that meet the requirements to become a clearing bank for renminbi [another name of Yuan]. I’m sure that will further boost our cooperation,” Li said at a business dinner in the Economic Club of New York on Tuesday.

Chinese investors monitor screens showing stock indexes at a trading house in Shanghai

© AFP 2016/ PHILIPPE LOPEZ

Success of First ‘Green Bonds’ in China Gives Grounds to Issue More – BRICS Bank

The prime minister also assured US business leaders concerning the access to the Chinese market.

“As our business sectors mature, we will gradually advance its opening-up and widen the access to more sectors for foreign investors,” Li said.

He also said that China would not devalue its currency to boost export.

Li added that China and the United States would reach a high standard and mutually beneficial bilateral investment treaty (BIT) that is being negotiated since 2008 if both sides held a pragmatic and flexible attitude.

https://sputniknews.com/asia/20160921/1045535565/china-us-clearing-bank.html

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

Ace News Services Site Links Listed Here:

AceTweet This News

Advertisements

MOSCOW: Russian binds advanced, eliminating declines as the US Fed decision to delay a rate increase spurred appetite for riskier assets as Russian investors were cut off and foreigners were given a priority in Russia’s sovereign Eurobond top-up of $1.25 billion, says VTB Capital’s Andrei Solovyov – @AceFinanceNews

#AceFinanceNews – Sept.24: Demand for Russia’s Eurobond seen at more than $3 billion, sources in the financial sector say Russia’s economy minister says Eurobond topping up is not linked to the government’s privatisation programme, though Russian investors were cut off and foreigners were given a priority in Russia’s sovereign Eurobond top-up of $1.25 billion, says VTB Capital’s Andrei Solovyov

On Friday the Russian Central Bank Governor Elvira Nabiullina says she hopes the process of U.S. Federal Reserve’s policy tightening will take place ‘in a predictable way’
http://cnb.cx/2d953OB after Russian Bonds Rise as Fed Relief Outweighs Hawkish Central Bank
Russian bonds advanced, eliminating declines driven by hawkish comments from the countrys central bank last week, as the Federal Reserves decision to delay a rate increase spurred appetite for riskier assets.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

Ace News Services Site Links Listed Here:

AceTweet This News

NORWAY: Sovereign wealth fund says they have made new property investment in Washington D.C with 47.5% interest in constitution square, a 842,000 square foot office property – Reuters – @AceNewsServices

#AceFinanceNews – Sept.24: Norway’s sovereign wealth fund says Norway have made new property investment in Washington D.C. – Reuters

Norway’s sovereign wealth fund says has acquired a 47.5% interest in constitution square, a 842,000 square foot office property – Reuters

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

To keep online information secure, experts recommend keeping your social media accounts private, changing your passwords often, and never answering unsolicited emails or phone calls asking for your personal information. Need help and guidance visit https://acepchelp.wordpress.com and leave a comment or send a private message on Telegram @Aceone31

Ace News Services Site Links Listed Here:

AceTweet This News