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China powers new US dollar bond market as it heads to US$1 trillion

It accounts for 47% of US$730b market as at June; seen to surpass 60% by 2020


IT is a lot harder for David Yim to rack up the airline miles these days. The bond underwriter at Standard Chartered plc used to fly across the Pacific from Hong Kong to the US four or five times a year to arrange US dollar debt deals, but he is not...