
(LI SHIGONG)
The Chinese Government issued euro-denominated sovereign bonds worth 4 billion euros ($4.45 billion) on November 5 in Paris to support the development of the city as an international financial center and deepen financial cooperation between China and France as well as China and Europe.
It was the first time China issued euro-denominated sovereign bonds since 2004. The bonds, the largest foreign currency-denominated bond offering of their kind, are expected to fuel more European investment in China.