Opinion: China’s wrangling regulators
The mainland has a multitude of financial regulators, each of which frequently clash with their peers over financial market changes. It's a situation Beijing should change, particularly when it comes to developing its relatively nascent bond market.
At Euromoney’s China Global Debt Capital Market Congress in Beijing in mid-November all the talk was about the proliferation of international borrowers issuing Chinese renminbi bonds, either in Hong Kong or onshore.
At the beginning of the event People’s Bank of China governor Zhou Xiaochuan offered a keynote
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