According to the Financial Times website, Slovenia plans to issue panda bonds of up to 5 billion yuan next year as trade tensions escalate and U.S. and Chinese industrial policies shift, which is part of a country¡¯s strategy to further open its economy.

Slovenia's Finance Minister Kremmen Boštiancic recently proposed a plan to issue renminbi-denominated sovereign bonds in China. "We want to expand the investor base," he told the Financial Times reporter.

On October 9, 2025 local time, in Luxembourg, Slovenian Finance Minister Clemen Bostiancic attended the Eurogroup meeting.

Slovenia is a member of the Eurozone. Panda debt is a form of bond more commonly used by multinationals. The issuance of Panda debt marks Slovenia¡¯s desire to establish closer ties with Beijing, despite U.S. pressure on Europe to take a tougher stance on China.

Bostiancic said: "This is probably something the world hasn't seen in nearly a hundred years. This is especially challenging for a small open economy like ours."

He said that in such an environment, even the small member states of the European Union must cultivate their own direct relations with big nations such as China, he said: ¡°We have increased bilateral meetings with Chinese officials because we can¡¯t wait.

According to the report, foreign companies are increasingly issuing panda bonds, attracting them by the desire for lower interest rates and a diversified investor base. Some countries, including Portugal, Hungary and Egypt, have also issued panda bonds in recent years, but the proportion of panda bonds in the global sovereign debt market is still very small.

The Slovenian finance minister said: ¡°The big question Europe faces is how to respond and compete in a very different competitive environment between China and the United States.

Source of information.