🇨🇳 China is planning a massive offshore bill sale in an attempt to support the yuan, a move that comes as the currency faces mounting pressure from weakness in the world's second-largest economy and the threat of tariffs from the Trump administration.
🏯The People's Bank of China announced plans on Thursday to sell 60 billion yuan ($8.2 billion) in bills in Hong Kong, the largest single sale since auctions began in the region in 2018.