SGS bond to lift yuan’s global profile

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] A renminbi-denominated bond that will fund sustainability-linked, green and social activities, has been listed in Frankfurt Stock Exchange, Germany, marking the latest step in boosting the global presence of the Chinese currency. Bank of China, the issuer, said the SGS … Continue reading SGS bond to lift yuan’s global profile

China’s youth expected to be new driving force for sustainable growth

Consumers try wireless mobile phone charging by riding spin bikes to generate electricity at the McDonald’s zero carbon restaurant in Shougang Park in Beijing. [Photo provided to chinadaily.com.cn] As we see a surging demand and a favorable business environment, industry experts said that China’s young-generation consumers are expected to become a new driving force of … Continue reading China’s youth expected to be new driving force for sustainable growth