China’s latest act is to invite more foreign players to its US$232 trillion onshore repo market. As a precursor, Hong Kong will treat Chinese government bonds and policy bank bonds as eligible collateral in its yuan liquidity facility.
Aramco and Suzhou-based Since Gas’s pilot plant, which aims to demonstrate the feasibility of a technology for converting ammonia to hydrogen, is part of Aramco’s nearly half a billion US dollars of annual R&D efforts on sustainability.