China's bond reforms will ease liquidity pressures: Fidelity

Singapore

CHINA'S opening bond market will ease liquidity pressures for companies in the economy, said Bryan Collins, who manages Fidelity's US$3-billion Asia high yield fund.

Last week, China's central bank said it will introduce more qualified foreign institutional investors to the interbank bond market with more streamlined regulations and no quota restrictions, official news agency Xinhua reported.