Sentence examples similar to issue yuan from inspiring English sources

China has taken some baby steps in this direction, for instance by allowing firms to issue yuan-denominated bonds in Hong Kong.

The Anglo-Australian miner, the world's largest, sold record amounts of iron ore and oil, but gave warning that demand from China was likely to slow in the second half of the year.McDonald's, an American fast-food chain, became the first non-financial foreign company to issue yuan-denominated bonds in Hong Kong, raising 200m yuan ($29m).

In another recent move, Hong Kong banks are now allowed to issue yuan-denominated bonds, a step towards building an offshore yuan market.Qu Hongbin, an economist at HSBC, predicts that by 2012 nearly $2 trillion of annual trade (over 40% of China's total) could be settled in yuan, making it one of the top three currencies in global trade.

Quoting an unnamed “informed source,” China Business said the original plan by the Ministry of Finance was to issue yuan-denominated bonds to raise about $200 billion for the fund, but the fund-raising process has not yet been completed.

China's efforts to hold down the value of its currency, the yuan, in foreign exchange markets by buying dollars with newly issued yuan have flooded the domestic economy with extra credit.

Determined to prevent the yuan from appreciating against the dollar in currency markets even as foreign investment pours into the country, the People's Bank of China, China's central bank, has been issuing yuan to buy dollars on a massive scale.

BLOOMBERG NEWS HSBC to Issue Yuan Bond  |  The British bank is preparing to issue a yuan-denominated bond in London, the city's first such bond, IFR reports.

According to Josh Felman, of the IMF's Asia research department, state banks and others issued 5.5 trillion yuan ($800 billion) of new loans in the first quarter more than in the whole of 2008.

In the past two months McDonald's has issued a yuan-based bond in Hong Kong, as has Hopewell, a property firm.

On the potent issue of the yuan's value, however, stability is the watchword.

The U.S. president, Barack Obama, said he planned to raise the issue of the yuan value with Chinese officials in Beijing next week, Reuters reported from Washington.