Demand for China bonds remains strong despite default concerns

Singapore

IT may surprise some that Chinese bonds continue to sell well given the constant barrage of negative reports on the country's slower growth and rising corporate defaults.

The Asia ex-Japan G3 (USD, yen or euro) bond market continues to be dominated by Chinese issues several of which are mega sized - of over US$1 billion - and DBS Bank is getting a ringside seat in some of the largest deals.