Global funds eye China bond market as it opens up
However, there are significant hurdles for investors, including currency convertibility, lack of transparency, corporate governance issues, rising defaults and different legal system
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
DENG Xiaoping, the former Communist leader credited with opening China's economy to the world, described his approach to reforms as "crossing the river by feeling the stones" .That philosophy continues to influence policy makers in Beijing as they gradually open the nation's bond market to foreign investors.
The liberalisation has potential to be the biggest of its kind and significantly impact the flow of international capital.
Share with us your feedback on BT's products and services
TRENDING NOW
Vietnam acts fast to shield firms, households from fuel price surge
Beijing’s calculated silence on the Iran war
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
