HONG KONG Cheap Barry Bonds Jersey , Oct. 27 (Xinhua) -- Sale of China's first U.S. dollar-denominated debt in 13 years indicates China will further open up its finance sector, said Chinese Vice Finance Minister Shi Yaobin here on Friday.
Demand for the sovereign notes climbed to 11 times of the offering size on Thursday. The strong demand allowed pricing of the 2 billion U.S. dollars in bonds to go under initial guidance, meaning China could raise funds at lower cost.
But external financing is not the purpose as the offering was small, Shi said.
Choosing Hong Kong as the venue to float the bonds indicates the central government's solid support for Hong Kong in bolstering its role as international financial center Cheap Willie Mays Jersey , he noted.
It can also create interest-rate benchmarks for the mainland's enterprises to raise funds in global bond markets, according to Shi.
The issuance can also help international investors to better know, understand and invest in China, he said.
With strong demand Wholesale San Francisco Giants Jerseys , the five-year bonds were priced to yield 2.196 percent, or just 0.15 percentage point over comparable U.S. Treasury notes. The 10-year bonds were priced to yield 2.687 percent, or 0.25 percentage point above Treasury yields.
Though the bond sale had no rating, the interest rates were equivalent to those with triple-A sovereign rating Cheap San Francisco Giants Jerseys , he said.
The successful floating of the bond indicates investors' positive prospects for China's economic growth and financial stability, Shi said.
China will unswervingly boost further opening-up of the financial sector and explore to build a long-term mechanism for selling sovereign bonds denominated in foreign currencies, he noted.
The previous such sales were made in October 2004, when the country raised a total of 1.7 billion U.S. dollars by issuing dollar- and euro-denominated bonds with maturities of five and 10 years.
KAMPALA Wholesale Giants Jerseys , Sept. 8 (Xinhua) -- Military experts from the Democratic People's Republic of Korea (DPRK) completed this week their withdrawal from Uganda where they have been training troops.
Brig. Richard Karemire, Uganda military spokesman told Xinhua on Friday that the experts left after Uganda broke its cooperation with DPRK over the latter's failure to respect UN resolutions. DPRK has been facing UN sanctions over its continued nuclear activities.
The DPRK detonated a hydrogen bomb capable of being carried by an intercontinental ballistic missile on Sunday which was its sixth and most powerful nuclear test, sparking condemnation from the international community.
The last batch of 19 military experts were based at the Uganda Air Force Aviation Academy in the central district of Nakasongola and Uganda Air Force Secondary School, Entebbe Cheap Giants Jerseys , about 40 kilometers south of the capital, Kampala.
"We definitely commend them for the job they did while here. They have imparted knowledge on our experts and we are able to take it from there on our own," said Karemire.
He said the experts have been offering training in martial arts, acrobatics and building the capacity of the country's air force.
Uganda in May last year announced that it was breaking military cooperation with DPRK over its nuclear proliferation.
The African country Cheap Sergio Romo Jersey , however, said it supports nuclear energy production for peaceful purposes like medicine and energy.
Meanwhile South Korea welcomes Uganda's move to end military cooperation with DPRK, according to a statement issued here on Friday after a meeting between Uganda's Minister of State for Defense Engola Okello and his South Korean counterpart, Suu Choo-Suk Cheap Santiago Casilla Jersey , in Seoul.
The two ministers said the military cooperation between Uganda and South Korea was on course.
During the meeting, Okello said tensions on the Korean Peninsula should be dealt with through diplomatic efforts, noting that proliferation of nuclear weapons was a threat to world peace.
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TAIPEIBEIJING， May 20 (Xinhua) -- The Chinese mainland's Taiwan affairs authority on Friday described remarks by Taiwan's new leader Tsai Ing-wen on relations across the Taiwan Straits as ""an incomplete test answer.""
It also said that the Chinese mainland remains as determined as ever and has even stronger ability to uphold national sovereignty and territorial integrity.
In her inauguration address， Tsai ""was ambiguous about the fundamental issue， the nature of cross-Straits relations， an issue that is of utmost concern to people on both sides of the Taiwan Straits，"" the head of the Taiwan Work Office of the Communist Party of China Central Committee and the Taiwan Affairs Office of the State Council said in a statement.
""She did not explicitly recognize the 1992 Consensus and its core implications， and made no concrete proposal for ensuring the peaceful and stable growth of cross-Straits relations，"" the statement reads.
Taiwan's new leader Tsai took office on Friday.
Tsai， of the Democratic Progressive Party (DPP)， won Taiwan's leadership election on Jan. 16.
""The current developments across the Taiwan Straits are becoming complex and grave. The Chinese on both sides of the Taiwan Straits are following closely the prospect of the growth of cross-Straits relations，"" the mainland statement reads.
""We have noted that in her address today， the new leader of the Taiwan
authorities stated that the 1992 talks between the Associ. Cheap Jerseys
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