The third China-US 1.5-track dialogue took place in Beijing on Aug. 25, hosted by the International Liaison Department of the Chinese Communist Party and the Asia Society. International Liaison Department minister Liu Haixing delivered the keynote. About 40 Chinese and US participants — from central agencies, local governments, think tanks, universities and US strategic and business circles, including Asia Society co-chair Thornton — held candid, in-depth exchanges on constructive strategic stab

Agricultural Bank of China’s London branch issued a RMB 300 mln, 3-month Shanghai Free Trade Zone offshore bond in the form of a European Certificate of Deposit (ECD) at a 1.55% rate. It is the first Shanghai FTZ offshore bond issued by a UK institution and the first in Europe to be registered, custodied and settled via China Central Depository & Clearing Co. (CCDC). The transaction used Agricultural Bank Group’s onshore-offshore coordination and provides a template for UK institutions seeking RMB funding channels.

现货黄金向上触及4670美元/盎司，日内涨0.41%。