Its first international bond sale is estimated to be the biggest emerging market debt offering in history.
Martin Baccardax is the London bureau chief for thestreet.com, a US-based financial media group. He breaks down the move.
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018