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今天可能是人民币国际化的重要一步:而且是通过日本央行购买中国人民币国债的形式
http://www.bloomberg.com/news/2011-12-20/japan-in-discussions-with-china-about-possible-purchase-of-government-debt.html
Japan in Talks With China About Purchasing Government Debt to Diversify
QBy Toru Fujioka and Kyoko Shimodoi - Dec 20, 2011 3:55 AM GMT+0100
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Japan is discussing with China possible purchases of Chinese
government bonds, Finance Minister Jun Azumi said, a sign the nation
is diversifying foreign- exchange holdings by tapping into the world’s
second-largest economy. “I think it’s mutually beneficial” for the
two countries to be investing in one another’s debt, Azumi said at a
press conference in Tokyo today. “We’re not abandoning the dollar or
euro, but we’re adding the yuan to deepen our relationship.”
Prime Minister Yoshihiko Noda signaled in September 2010 as the
nation’s finance chief that Japan should have the ability to invest in
China’s market given that the Chinese are buying Japanese debt. Japan
holds $1.22 trillion of foreign-currency reserves, the world’s largest
after China. Noda will discuss the bond purchases when he meets his
Chinese counterpart later this month, Azumi said, adding that the
government has not made a final decision on this issue.
“It’s another step forward in the path of yuan internationalization,”
said Liu Dongliang, a senior analyst in Shenzhen at China Merchants
Bank Co. (600036), the nation’s sixth-biggest bank. “It shows
yuan-denominated assets are becoming more and more attractive. But the
quota may be small because China will be cautious in allowing foreign
governments to invest in Chinese government bonds.”
Yuan Investment
Central banks from Thailand to Nigeria plan to start buying yuan as
slowing global growth has capped interest rates in the U.S. and
Europe. Investment has become easier for central banks as issuance of
yuan-denominated bonds in Hong Kong more than tripled to 112 billion
yuan ($17.6 billion) this year and institutions were granted quotas to
invest onshore.
The Nikkei newspaper reported today that Japan was in talks with China
to purchase the debt. Japan’s discussions of buying yuan-denominated
debt come at a time when investors are seeking alternatives to U.S.
Treasuries and European debt. The U.S. lost its AAA rating status at
Standard & Poor’s in August. China, which is also Japan’s largest
trading partner, sold the second-biggest net amount of Japanese debt
on record as the yen headed for a postwar high against the dollar and
benchmark yields approached their lowest levels in a year. It cut
Japanese debt by 853 billion yen ($11 billion) in October, Japan’s
Ministry of Finance said on Dec. 8. China sold a net 2.02 trillion yen
of Japanese debt in August 2010, a record based on data going back to
January 2005.
To contact the reporters on this story: Toru Fujioka in Tokyo at
tfujioka1@bloomberg.net; Kyoko Shimodoi in Tokyo at
kshimodoi@bloomberg.net
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