China bond market now too big for West to ignore, say fund managers
China's $16 trillion sovereign debt market - a large, A+ rated market that pays 3% yields, with minimal volatility - is becoming too big to ignore, even for the most risk-averse Western investors.The nation is looking increasingly alluring for European pension funds swimming in sub-zero bond yields as ageing populations …
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Many central banks looking at digital currencies
(ATF) The coronavirus has accelerated the world’s move away from cash. Now central banks are considering developing digital versions of the notes and coins in our wallets. Sweden and mainland China could well launch CBDCs – central bank digital currencies – during 2021.These are not cryptocurrencies or units used in …
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Sweden bans Huawei, ZTE from upcoming 5G networks
STOCKHOLM: Sweden on Tuesday banned on security grounds the use of telecom equipment from China's Huawei and ZTEin its 5G network ahead of a spectrum auction scheduled for next month, joining other European nations that have restricted the role of Chinese suppliers.Telecoms regulator PTS said the decision followed advice from …
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