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China's ambitions spread to remote bond markets

Involvement of its banks in frontier-bond underwriting comes as Beijing ramps up its Belt and Road Initiative

Hong Kong

CHINESE economic diplomacy is spurring a shake-up in the world of frontier-bond underwriting. When the tiny island nation of the Maldives prepared to make its dollar-debt debut last week, it looked beyond more veteran international arrangers to Bocom International Holdings Co,...

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