PBoC putting dim sum on the menu in London

China's central bank unveils landmark deal as it plans to tap the offshore bond market for the first time in its 67-year history.

PBoC putting dim sum on the menu in London

China's central bank, The People's Bank of China PBoC, is set to launch a maiden international bond offering on Tuesday that is highly symbolic on a number of levels.

Firstly, it will be denominated in renminbi highlighting China's determination to underscore the currency's growing importance on the world stage.

Secondly, the deal is being launched from London where it has been timed to coincide with Chinese President Xi Jinping's state...

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