'Next big thing' for global investors is China's bond market, says IIF
Demand for financing growing as China shifts from over-heavy reliance on bank financing
Tokyo
CHINA'S bond market appears set to become the "next big thing" among global investors as the country's banking sector comes under increasing strain and as Chinese policymakers seek to switch investor emphasis from crisis-prone equity markets to long-term debt markets, a new report suggests.
"The recent opening of China's bond market to foreign investors is undoubtedly a major milestone in the ongoing capital account liberalisation process," says the report by the Washington-based Institute of International Finance (IIF).
"Despite significant growth over the last f…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers
Luxury sector outlook clouded by China’s slow recovery
‘We aren’t going anywhere’: TikTok CEO expects to defeat US restrictions