The panda bonds: how China uses assets to boost yuan’s profile, cement partnerships (opens original article in a new tab)

Brazil is set to issue yuan-denominated panda bonds in China's market, part of a trend among countries seeking to leverage China's capital markets and the yuan's growing global role.

• Brazil plans to issue panda bonds, yuan-denominated debt in China's market.
• China aims to boost yuan's international profile through panda bonds.
• Brazil's move follows other nations like UAE, Pakistan, and Kazakhstan in issuing panda bonds.