Sell yuan bonds: China banker to US, World Bank

A former vice governor of the People's Bank of China who now heads one of the world's biggest banks has said that the US government and the World Bank should consider selling renminbi-denominated debt.

Guo Shuqing, the chairman of the state-owned China Construction Bank, told Reuters, a news agency, in an interview published Sunday that the US and the Bank should consider issuing between Rmb1-3 billion-worth ($146-439m) of notes in the Hong Kong and Shanghai markets to boost the renminbi's statu