熊猫债券

Some scholars suggest that chinese government can give japan the right to issue the panda bond in china.I think this is a good idea . We know the reconstruction after earthquake in Japan needs a large amount of money and China is undergoing excess liquidity. Therefore , this can not only help japan recover from the great destructions iccured by the earthquake and ground sea but also reduce the currency in circulation to restrain the severe inflation. In additon, this policy can also relieve the tension in Sino-Japan relationship and promote the Sino-Japan cooperation and communications in trade and economy. However ,compared with lend the needed capital from Japanese people ,this policy has high costs of o debts-repayment.