Foreign institutions that have invested in China's interbank debt market will be allowed to remit their funds freely, the foreign exchange regulator said on Friday.
The central bank said in February it would allow all kinds of financial institutions that are registered outside China to buy bonds in the interbank market and would scrap quotas for medium- and long-term investors.
Ford Loses $132,000 on Each EV Produced, Good News, EV Sales Down 20 Percent
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Ford (F) reports a huge loss on every EV. Sales are down 20 percent holding
the losses to $1.3 billion.
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