China Plans Record Sale of $6 Billion in ‘Dollar Bonds’

China Plans Record Sale of $6 Billion in ‘Dollar Bonds’
A group of tourists stand by the Bund near the Huangpu River across the Pudong New Financial District, in Shanghai, China on March 14, 2016. Johannes Eisele/AFP/Getty Images
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News Analysis
China is set to double the amount of sovereign bonds sold in U.S. dollars to a record $6 billion, as the “World’s Factory” suffers its first negative balance of payments in 25 years.