China Still Profits Despite 'War' With US!

 According to a report, China has amassed $ 6 billion in dollar bond issuances offered to U.S. investors for the first time just weeks before the November 3 election.

In addition, the deal is the fifth foreign currency bond since China returned its offshore debt sales program in 2017, as well as successfully receiving orders of $ 27.2 billion.

In addition, China is also rumored to have issued four-dollar bonds and one euro bond in the last three years.

Meanwhile, the debt is worth 25 basis points above the US Treasury for the three-year level of $ 1.25 billion, 30 basis points for the 5-year level $ 2.25 billion, 50 basis points for the 10-year level $ 2 billion and 80 basis points for the term 30 year $ 500 million.

According to China's finance ministry, the issuance of the bonds can help and improve the performance of the Chinese market.

For all intents and purposes, this is the first time China has offered debt to the most active US-based investors in a longer transaction period. U.S. investors, particularly fund managers, were the largest buyers in a 30-year period, making purchases of 47% of the $ 500 million it offered.

This is because the growing tensions between Washington and Beijing do not prevent US-based investors from participating in the deal.

In addition, the agreement was broken yesterday as disputes between Washington and Beijing showed no signs of recovery.

In fact, the U.S. Department of State has submitted a proposal for the Trump administration to add China's Ant Group to the blacklist, before the financial technology firm is scheduled to be published in Shanghai and Hong Kong.