RED TAPE ROUNDUP: China allows SMEs to issue bonds; India seeks to encourage FII investment in govt bonds; Vietnam does u-turn on foreign currency lending
In this round up of recent regulatory news, China will allow SMEs to issue private placement bonds and looks to boost renminbi trade settlement with Southeast Asia, India gives qualified foreign investors bigger quotas and launches consultation on opening up the government bond market while New Zealand refashions covered bond legislation and Vietnam permits foreign currency lending until the end of the year.
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